171 Maroondah Highway
Croydon VIC 3136

Be captivated by the convenience and inspired by the potential of 3 unit property located in a service lane in Croydon’s prestigious school precinct.

Multiple living areas are styled up with polished floorboards, kept comfortable with heating/air conditioning, and serviced by a well-appointed kitchen. A private outdoor area also impresses, comprising a paved entertaining zone.
Fantastic income stream:

Unit 1. Rented for $500.00 per week on month-to-month lease.
Unit 2. Rented for $215.00 per week on fixed term lease until 8/11/2024
Unit 3. Rented for $295.00 per week on a month-to-month lease.
Combined return of $52,520 per annum

The property will also appeal to those seeking a prime site to develop with the 862sqm (approx.) corner block allowing for a potential subdivision (subject to council approval).

Location is ideal with leading schools including Yarra Valley Grammar, Luther College and The Good Shepherd Primary all within walking distance. Croydon Station and Main Street are nearby as is McAdam Square.