UNDER OFFER - Investment - New 5 Year Lease

  • Tenanted investment
  • Excellent yard space
  • Great arterial access

UNDER OFFER

Cameron is pleased to offer for sale this rare opportunity to secure a tenanted investment with a significant handstand/yard located in the core of Dandenong South’s industrial precinct.

Building area: 883 sqm
Land area: 1,606 sqm

LEASE SUMMARY
Annual rental: $79,750pa + GST & outgoings
Lease term: 5 years commencing 1/2/2022
Options: 2 of 3 years each
Annual increases: 3%
Security Deposit – 3 months gross rental

Key features:
– Expansive warehouse with a minimum 6m* internal clearance
– Drive through access via 2 roller shutter doors – 4.5W x 4.5H
– Securely gated concrete handstand at rear
– Existing reception area with 3 individual offices
– Male and female amenities
– Additional lunch and storage areas
– Mezzanine storage for lighter items not included in the building area

Call Cameron, the exclusive agents to arrange an inspection.

* Sold as a going concern. No GST is applicable on sale price if you are appropriately registered for GST.


Contact Agents

Henry Sayers
Henry Sayers

Angus Clark
Angus Clark

Director


Property Information

Sold
Floor Area883m²
Land Area1,606m²
CategoryIndustrial/Warehouse
ZoneIndustrial 1
ExtentWhole Property
AvailabilityTenanted