Positioned within the busy “The Mall” shopping precinct, this high-exposure commercial investment presents an outstanding opportunity to secure a quality freehold asset in the heart of Croydon South. Enjoying prominent frontage to busy Bayswater Road and located just minutes from Croydon Central Shopping Centre, the property benefits from excellent visibility, strong surrounding foot and vehicle traffic, and a long-established retail presence.

The property comprises a total building area of approximately 102 square metres and is securely leased to an established medical practitioner (Podiatrist) on a brand-new 3 x 3 x 3 year lease, returning $40,000 per annum plus GST and outgoings with fixed 4% annual increases. This provides investors with immediate income security and long-term rental growth potential.

Internally, the premises are well appointed with air conditioning, kitchenette and toilet facilities, while valuable off-street car spaces provide added convenience for both staff and customers – an increasingly rare feature in tightly held retail precincts.

Set within a popular neighbourhood shopping strip and benefiting from flexible Commercial 1 Zoning, this is an exceptional opportunity to acquire a well-located investment with a secure tenancy, strong exposure and future upside.

Opportunity Highlights:
• Securely leased investment returning $40,000 per annum plus GST & outgoings
• Brand new 3 x 3 x 3 year lease in place
• Fixed 4% annual increases
• Commercial 1 Zoning
• Building area: 102 sqm (approx.)
• Prime exposure to busy Bayswater Road
• Established tenant in occupation
• Located within popular neighbourhood shopping strip
• Air conditioning, kitchenette and toilet facilities
• Off-street car parks available
• High-profile freehold investment with long-term upside

LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.