Rare Large Land Holding With 3 Street Frontages

Land/Development  

• Large site area of 15,970sqm with 3 street frontages
• Secure income with lease to Job Site Recyclers
• Rare large land holding in sought after Dandenong South industrial precinct
• Industrial 2 Zoning
• Premium Dandenong South precinct earmarked for strong rental and capital growth prospects
• Excellent connectivity to surrounding major arterial motorways

With forecasted supply of industrial zoned land in the south east at an all-time low, 33-57 Thomas Murrell Crescent represents one of Dandenong’s most significant and unique investment or development opportunities to be offered to the market for some time and we invite your serious consideration in this exceptional offering.

Lease details

Part A
Land size: 9035sqm
Tenant: Job Site Recyclers
Lease expiry date: 31/12/2022
Options: No further options
Annual increases: Fixed 3%
Rental: $135,525 pa + GST
Security Deposit: $45,000
Early Termination Clause: The landlord may terminate the lease by giving the tenant 12 months prior notice.
*Refer to lease from complete special condition

Part B
Land size: 6935sqm
Tenant: Job Site Recyclers
Lease expiry date: 31/12/2022
Options: No further options
Annual increases: Fixed 3%
Rental: $104,025 pa + GST
Security Deposit: $22,000

Expressions of Interest closing 2pm Wednesday April 22nd