Croydon Family Practice
Croydon, Victoria
Purchase Date
September 2025
Address
24-26 Dorset Road, Croydon, Victoria
Land Area
1,246sqm
NLA
1,246sqm
Occupancy
100%
Key Tenants
Family Doctor
Asset Highlights
- Blue-Chip Tenancy Profile: Croydon Family Practice represents a strategically diversified healthcare investment, anchored by the nationally recognised operator, Family Doctor with over 109 locations across Australia
- Diversified income streams: The asset generates diversified income through a mix of complementary services including mental health, dental, psychology and chiropractic
- Thriving Metropolitan Location: The property benefits from its proximity to the bustling Maroondah Highway, a key arterial route connecting Melbourne’s eastern suburbs
- Demand-Driven Demographics: 20.5% of residents in Croydon are over 65 years of age, exceeding the national average and driving demand for medical service
- Population Growth: Croydon, situated within the City of Maroondah in Melbourne’s east, is set for strong demographic growth, with the local population projected to rise from 120,304 in 2025 to nearly 140,000 by 2046
- Yield Opportunity: The attractive initial yield is above the long-term average of 6.00% (JLL).
Property Location
Croydon is a well-established eastern suburb, located around 27km from the Melbourne CBD. The asset enjoys a strategic position just off the Maroondah Highway, a key east–west arterial route that provides strong connectivity across the wider catchment area.
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