72B Maroondah HighwayCroydon VIC 3136
Property Details for 72b Maroondah Hwy, Croydon
Last Listing description (May 2018)
Hockingstuart Commercial are pleased to offer to the market 72B and 72C Maroondah Hwy, Croydon to be sold via public on-site auction Wednesday 7th March at 2:30pm.
Highlighted key features are:
- Established tenant with multiple Mexican restaurants
- Returning $76,403pa* + outgoings + GST with annual fixed 5% rental increases
- Highly convenient rear access with onsite car parking
- Premium land area of 330sqm* and within flexible Commercial 1 zoning
- Strategically located within Melbourne's eastern growth corridor
- A most tightly held and thriving local retail strip
- An abundance of public car parking available to customers
- Excellent exposure to huge daily passing traffic
- Note: No owners corporation, Freehold title
*approx
Contact agents:
Kenny Oliver 0409 144 188
Charles Carty 0438 277 050
Property History for 72b Maroondah Hwy, Croydon, VIC 3136
- 07 Mar 2018Sold for $1,310,000
- 03 Feb 2018Listed for Sale Not Disclosed
- 17 Aug 1998Sold for $220,000
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About Croydon 3136
The size of Croydon is approximately 14.1 square kilometres. There are 52 parks, covering nearly 13.7% of the 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 16,045 properties. Over the last 5 years, Houses in Croydon have seen a -0.30% decrease in median value, while Units have seen a 16.29% increase. As at 30 June 2026:
- The median value for Houses in Croydon is $951,925 while the median value for Units is $709,303.
- Houses have a median rent of $650 while Units have a median rent of $600.
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