39-41 Hewish Road, Croydon, VIC, 3136

Gross Waddell ICR is pleased to offer 39-41 Hewish Road, Croydon. A rare opportunity to secure a substantial commercial freehold in one of Croydon’s most accessible commercial locations, with two (2) existing leases providing the ability to part-occupy or re-lease and generate a substantial income stream.

• Two-level office building of 1,737 sqm* of NLA; 862 sqm* on the ground floor and 875 sqm* on the first floor

• Strong income profile returning $228,485 net per annum*

• Ground floor tenant's lease expires March 2027, providing scope to occupy, re-lease or convert to alternate uses post lease expiration

• First floor is securely leased to Woodards through to July 2029 plus options, providing a stable income profile

• Sizeable 2,716 sqm* landholding benefitting from two street frontages

• Favourably zoned IN1Z, providing genuine scope for future redevelopment, conversion or further extension to the building envelope (STCA)

• Off-street parking for 34 cars, a rare and valuable offering in a tightly held precinct

• Positioned just 340m* from Croydon's Main Street shops, 800m* to Croydon Central and 550m* from Croydon train station, keeping staff and clients close to retail, dining and transport

• Surrounded by parks and green open space, providing ideal amenity

• Excellent arterial access via Dorset Road, Mt Dandenong Road and Maroondah Highway, connecting staff, clients and freight across Melbourne's eastern suburbs

• 5 Star NABERS Energy Rating

This is an outstanding opportunity to secure a substantial headquarters or value-add investment in a tightly held and growing precinct. The property is offered for sale via Expressions of Interest, closing at 3:00 pm on Thursday the 8th of October 2026. For further information or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady