Multi Tenanted Investment on Large Land Parcel
- Fully leased net income of $198,430pa
- 3 shops, 15 car parks on a single title
- 1,025m2 total land size
Cameron and First National Neilson Partners are proud to bring to market this exciting opportunity to not only own a significant parcel of land in the heart of Dandenong, but you’ve also got the convenience of a diversified, fully let income stream. Sitting on 1,025m2 with 479m2 of building area, this fully leased investment is the perfect risk-free investment for your portfolio.
Three shops, fifteen car spaces, all leased and all bringing in income! $198,430 pa to be exact.
Asset features:
* Huge commercial landholding of 1,025m2
* Rare freehold building with diversified income
* Fully leased net income of $198,430pa
* Comprehensive Development Zone – Schedule 2
* Three (3) shops on the title, totalling 479 m2 net lettable
* Fifteen (15) car spaces fully leased
* Long-term income generator plus future development potential (STCA)
Please contact the exclusive agents Cameron or First National Neilson Partners for further information or to arrange an inspection.
