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8-10 Norton Road, CROYDON, VIC 3136
Croydon
Once in a Lifetime Development Opportunity (STCA)
Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/263-690242/mwxstrq1c097oxzsd63peqtq5p90z1cq.pdf . Please copy & paste this information into your browser address bar.
A rare offering in central Croydon, this prime site measuring 1469sqm (approx.) is zoned GRZ2 with a DDO10 Overlay allowing for a potential high-rise residential development (subject to council approval). Investors and developers alike will be swayed by this fabulous opportunity, which is located off Mount Dandenong Road next to Swinburne University, easy walking distance from Croydon Station and Main Street. Surrounded by parkland, it is also within close proximity of Yarra Valley Grammar and Luther College.
Used for automotive repair and car detailing, the existing factories offer three spacious work areas, reception, a staff room/office, bathroom facilities and overhead storage. Currently tenanted returning an excellent $80,000 p.a (approx.) plus outgoings exclusive of GST, it will provide a substantial income stream while future plans are finalised.
Remember to mention you found this property on DevelopmentReady
Once in a Lifetime Development Opportunity (STCA)
Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/263-690242/mwxstrq1c097oxzsd63peqtq5p90z1cq.pdf . Please copy & paste this information into your browser address bar.
A rare offering in central Croydon, this prime site measuring 1469sqm (approx.) is zoned GRZ2 with a DDO10 Overlay allowing for a potential high-rise residential development (subject to council approval). Investors and developers alike will be swayed by this fabulous opportunity, which is located off Mount Dandenong Road next to Swinburne University, easy walking distance from Croydon Station and Main Street. Surrounded by parkland, it is also within close proximity of Yarra Valley Grammar and Luther College.
Used for automotive repair and car detailing, the existing factories offer three spacious work areas, reception, a staff room/office, bathroom facilities and overhead storage. Currently tenanted returning an excellent $80,000 p.a (approx.) plus outgoings exclusive of GST, it will provide a substantial income stream while future plans are finalised.
Remember to mention you found this property on DevelopmentReady
8-10 Norton Road, CROYDON, VIC 3136
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
