194 Elizabeth St, Croydon is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 177m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Offering an outstanding opportunity for a residential and commercial makeover (subject to Council approval), strategically positioned within the Transport Oriented Development Precinct & an ultra convenient setting approximately 350 metres walk to Croydon Station with vibrant Croydon Village cafes/restaurants, Ashfield Aquatic Centre, PLC being only footsteps away along with parkland, a multitude of schools & Ashfield's amenities also being within easy reach.
* Large shop front with commercial upside and a charming, character terrace residence with deceptively spacious layout
* 2 spacious bedrooms (main with ensuite) + sunroom, high ceilings, original fireplaces + brand new main bathroom with second shower & toilet
* Maximise the potential with 2.5:1 Floor Space Ratio, redesign to provide for 2 rental incomes (STCA), or occupy one part & lease the other
* Look to collaborate with the neighbouring owners with up to 6 storeys, being up to 22 metres for residential flat buildings & up to 24 metres for shop top housing (subject to Council approval & being contingent upon amassing the required frontage)
* Location doesn't get any better, the possibilities are endless and an excellent investment proposition situated in a highly sought after location
The size of Croydon is approximately 2.5 square kilometres. It has 13 parks covering nearly 6.1% of total area. The population of Croydon in 2016 was 10612 people. By 2021 the population was 10755 showing a population growth of 1.4% in the area during that time. The predominant age group in Croydon is 40-49 years. Households in Croydon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Croydon work in a professional occupation.In 2021, 66.10% of the homes in Croydon were owner-occupied compared with 66.20% in 2016.
Croydon has 4,461 properties. Over the last 5 years, Houses in Croydon have seen a 51.97% increase in median value, while Units have seen a 20.40% increase. As at 31 December 2025:
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