OUTSTANDING DEVELOPMENT OPPORTUNITY

Vinci Carbone are pleased to offer for sale 83 Maroondah Highway, Croydon. This highly desirable main road development site offers an excellent opportunity for occupiers or developers to unlock the development potential of this site.

Key highlights:

• Substantial land area of 4,817 sqm* with a 44 metre* street frontage
• Zoned General Residential (GRZ1)
• Suit a variety of uses including medium density residential/retirement village/medical/aged care (STCA)
• Short term lease for rear portion of the site returning: $48,000 per annum* (including GST) plus outgoings (pro-rata)
• Ideal opportunity for occupiers or developers

Croydon features an abundance of shopping facilities including the charming tree-lined shopping strip along Main Street, Croydon Central and Civic Square Shopping Centre.

The area is also well serviced by public transport with the Croydon Train Station less than 5 minutes to the subject property and bus services operating along Maroondah Highway.

The eastern suburbs road networks are very accessible with the nearby Eastern Freeway providing the main arterial road into the CBD.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 23 JUNE 2022 AT 4PM

*approx