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Purley Oaks Rd 430 SF Retail Condo Unit Offered at $278,987 CAD in South Croydon CR2 0QD
INVESTMENT HIGHLIGHTS
- Prime Commercial Investment Opportunity
- Adjacent to Purley Oaks Mainline Station
- Kitchen area
- Benefitting From a Food Licence
EXECUTIVE SUMMARY
The property is adjacent to Purley Oaks mainline railway station, where there is a car park, and the main Brighton Road is only a few hundred yards away. Surrounded by affluent residential properties in the heart of South Croydon, this commercial unit would suit investors looking for a stable return in an area with strong rental demand and long-term growth prospects.
PROPERTY FACTS
| Total Building Size | 445 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 215 SF |
| Property Subtype | Storefront | Year Built | 1957 |
| Building Class | C | Lot Size | 0.01 AC |
| Total Building Size | 445 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 215 SF |
| Year Built | 1957 |
| Lot Size | 0.01 AC |
1 UNIT AVAILABLE
Unit 3
| Unit Size | 430 SF | Sale Type | Investment |
| Price | $278,987 CAD | Tenure | Freehold |
| Price Per SF | $648.81 CAD | Cap Rate | 6.50% |
| Condo Use | Retail | NOI | $18,134.15 CAD |
| Unit Size | 430 SF |
| Price | $278,987 CAD |
| Price Per SF | $648.81 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.50% |
| NOI | $18,134.15 CAD |
DESCRIPTION
The property has a well-maintained interior with a kitchen and customer service area, and has around 40 square metres of internal space. It is currently let and trading as a successful fast food takeaway.
SALE NOTES
Ground-floor commercial unit with long-term tenant until 2028, operating as a successful fast food takeaway, around 40sqm with kitchen and customer service area. Perfect for investors.
NEARBY MAJOR RETAILERS
Presented by
Purley Oaks Rd
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