7 Dickinson AvenueCroydon NSW 2132
Property Details for 7 Dickinson Ave, Croydon
Last Listing description (October 2023)
Ray White Commercial in conjunction with Australian Prime Realty are pleased to offer 7 Dickinson Avenue, Croydon for sale via public auction on Tuesday the 29th of November.
7 Dickinson Avenue Croydon is a prominent self contained boarding house in the heart of the inner west with great development upside. The property features a large 16 room boarding house situated on 1,311sqm of land. The opportunity provides great upside to developers or investors looking to secure a strong tenanted investment.
Perfectly located only metres from Westfield Shopping Centre, PLC Sydney, cafes, restaurants and Croydon train station.
Key Highlights:
- Site area 1,311sqm*
- Net Passing Income $212,727* per annum
- Lease Term - 1 Year + Option of 1 Year
- Zoned R2 Low Density Residential
- Existing site features a 16 Room Boarding House currently tenanted
- 30 Metres of street frontage - Suited for duplex development
- Offered with accommodating lease terms - great opportunity for developers/owner occupiers & investors
- Walk to public transport, bus stops and Croydon Train Station
- Close proximity to surrounding shops, cafes and public transport
- Suitable for various usage STCA**
For more information or to arrange an inspection please contact the exclusive sales agents below:
Tony Braham
Director
Australian Prime Realty
M: 0411 333 993
E: tbraham@austprime.com
Ronan Braham
Sales & Leasing
Ray White Commercial
M: 0452 008 887
E: ronan.braham@raywhite.com
*approx
** Subject to council approval
Property History for 7 Dickinson Ave, Croydon, NSW 2132
- 11 Jul 2023Sold for $3,700,000
- 03 Nov 2022Listed for Sale For Sale $4,500,000
- 12 Dec 1997Sold for $625,000
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About Croydon 2132
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 4,465 properties. Over the last 5 years, Houses in Croydon have seen a 37.26% increase in median value, while Units have seen a 27.99% increase. As at 31 March 2026:
- The median value for Houses in Croydon is $2,618,050 while the median value for Units is $926,947.
- Houses have a median rent of $975 while Units have a median rent of $670.
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