342-346 Dorset Road, Croydon, VIC 3136 | Property Value & History | OnTheHouse
OFF MARKET

342-346 Dorset Road
Croydon VIC 3136

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2080m2
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Property Details for 342-346 Dorset Rd, Croydon

Building Type
Commercial
Land Size
2080m2
Local Government
Maroondah
Lot/Plan
PC367656

Last Listing description (December 2021)

+ Brand new12 yearnet lease to 2033plus options to 2063.
+ United Petroleum: Top-tier tenant, one of Australia's largest and fastest growing independent fuel retailers with over 460 sitesnationally.*
+ Secure, set-and-forget net lease structure with tenant responsible for council rates, water rates, insurance and repairs and maintenance.

+ Strong and certain rental growth with annual, fixed compounding 2.5% increases.
+Impressive2,081sqm sitewith62metres of frontage and exposuretoDorset Road, with 26,000 vehicles passing daily.**
+Strategic location 500 metres from Woolworths anchored Civic Square Shopping Centre, with high-profile tenants including BWS, Snap Fitness and The Reject Shop.
+Surrounded byimportant social infrastructure, including Swinburne University(400m), as well as 10 schools within 3km servicing over 5,000full time students.**
+ Opposite Dorset Gardens Hotel, offering 45 motel units, a night club, sports bar and bistro and next to the newly redeveloped Bowen's Hardware Centre***
+ Total value of building approvals in the City of Maroondah has increased by more than 37% since FY2016/17 to over $457 million*****
+ Croydon: 30km from the Melbourne CBD, with a population forecast to grow 20.9% by 2041.***
+ Minimum management, essential service investment.
+ Rent:$225,000pa + GST

To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 15 December 2021
Southbank, Crown Casino, Melbourne

*United Petroleum
**Gapmaps
***Doresetgardenhotel.com.au
****Forecast.id
*****Economy.id
*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 342-346 Dorset Rd, Croydon, VIC 3136

A timeline of how this property has performed in the market
Listed for Rent
06 Jun 2018
  • 17 Nov 2021
    Listed for Sale Price on Request
  • 06 Mar 2018
    Listed for Rent - Price not available
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About Croydon 3136

The size of Croydon is approximately 14.1 square kilometres. It has 52 parks covering nearly 13.7% of total area. The population of Croydon in 2016 was 26946 people. By 2021 the population was 28608 showing a population growth of 6.2% in the area during that time. The predominant age group in Croydon is 30-39 years. Households in Croydon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon work in a professional occupation.In 2021, 69.80% of the homes in Croydon were owner-occupied compared with 70.10% in 2016.

Croydon has 16,012 properties. Over the last 5 years, Houses in Croydon have seen a 22.54% increase in median value, while Units have seen a 24.56% increase. As at 31 December 2025:

  • The median value for Houses in Croydon is $1,003,499 while the median value for Units is $714,195.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 20 properties listed for sale, and 14 properties listed for rent in Croydon on OnTheHouse. According to Cotality's data, 791 properties were sold in the past 12 months in Croydon.

Suburb Insights for Croydon 3136

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.