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20 Lusher Road, Croydon VIC 3136
$2,500,000 - $2,700,000
  • 2
  • 1

FIRST TIME IN 56 YEARS

Opportunity awaits to secure a property that has many options. Being offered to the market or the first time in 56 years this 3011m2 property is zoned GRZ1 provides options aplenty. Both dwellings are leased between 2 tenancy’s consisting of 4 bedroom and 3 bedroom property with tenants on secure leases until August 2018. Currently returning $28,900p.a, you will be able to progress with your plans at your choosing and either land bank, invest, redevelop, the choice is yours but the prospect of securing another property with the same potential as this one will be hard to find. With exceptional close proximity to Croydon Main Street shopping, public transport and Arndale Shopping complex are just some of the benefits that this property offers. Good schools and park lands are on your door step also and will certainly be of great attraction to either new tenants or purchasers of your new townhouses. With the adjoining property at the rear, 11 Vernon Street is also being offered to market at the same time, you can expand your plans and buy both. The property will be open for inspection (externally only) on the below times or call me privately to arrange an inspection.

Open Homes

Nov 25

11:00AM - 11:30AM