33-37 Hewish Road Croydon, VIC, 3136

A Prominent Automotive and Industrial Investment

Elders Commercial is delighted to present for sale 33-37 Hewish Road and 40-42 Lacey Street – a prominent automotive and industrial investment securely leased to YVT Automotive Group Pty Ltd currently trading as Croydon Toyota.

Strategically positioned on a high-exposure corner site, the property benefits from three road frontages, recently renovated fit for purpose improvements and secure tenancy income, underpinned by long-term occupation.

Comprising a substantial land area of 10,223 sqm*, the property is zoned Industrial 1 (IN1Z) and is improved by 2,746m2* of main building areas, in addition to a separate 1,500m2*of industrial units.
Key investment highlights:
• Prominent 10,223sqm* corner site with extensive frontages to Hewish Road, Windsor Road and Lacey Street
• Extensive building areas including 2,746 sqm* of showroom, offices, workshop, wash/detailing facilities, in addition to 1,500 sqm* made up of five industrial units.
• Zoned Industrial 1 (IN1Z) set within the Maroondah Planning Scheme
• Net income: $448,440 pa* + GST + outgoings (5-year term from Dec 2024, CPI annual increases, options to 2044)
• Additional income from five short term factory tenancies to the rear of the site on monthly leases with a combined short term rental income of $104,676 pa* + GST + outgoings
• Strategic outer-eastern location approx. 25km from Melbourne CBD with excellent connectivity to major arterials

To be offered for sale via Expressions of Interest closing 13 November 2025 at 4pm.

* denotes approximately