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Land/Development in Croydon
Boarding House / Development Site
- Building: 466m²
- Land: 1,311m²
Ray White Commercial in conjunction with Australian Prime Realty are pleased to offer 7 Dickinson Avenue, Croydon for sale via public auction on Tuesday the 29th of November.
7 Dickinson Avenue Croydon is a prominent self contained boarding house in the heart of the inner west with great development upside. The property features a large 16 room boarding house situated on 1,311sqm of land. The opportunity provides great upside to developers or investors looking to secure a strong tenanted investment.
Perfectly located only metres from Westfield Shopping Centre, PLC Sydney, cafes, restaurants and Croydon train station.
Key Highlights:
- Site area 1,311sqm*
- Net Passing Income $212,727* per annum
- Lease Term - 1 Year + Option of 1 Year
- Zoned R2 Low Density Residential
- Existing site features a 16 Room Boarding House currently tenanted
- 30 Metres of street frontage - Suited for duplex development
- Offered with accommodating lease terms - great opportunity for developers/owner occupiers & investors
- Walk to public transport, bus stops and Croydon Train Station
- Close proximity to surrounding shops, cafes and public transport
- Suitable for various usage STCA**
For more information or to arrange an inspection please contact the exclusive sales agents below:
Tony Braham
Director
Australian Prime Realty
M: 0411 333 993
E: tbraham@austprime.com
Ronan Braham
Sales & Leasing
Ray White Commercial
M: 0452 008 887
E: ronan.braham@raywhite.com
*approx
** Subject to council approval
466m²
1,311m² / 0.32 acres
R2 Low Density Residential
Vacant
Land/Development, Hotel/Leisure, Other