Secure Industrial Investment Opportunity in Core South
Cameron are pleased to offer for sale 27-29 Fowler Road, Dandenong South. This outstanding industrial investment opportunity is being offered to the market for sale via Expressions of Interest closing at 4:00pm (AEST) Wednesday, 9th April 2025.
The property and Dandenong South industrial market benefits from critical investment fundamentals including consistent year-on-year rental growth (over 35% increase in net rent over past 3 years) plus sub 1% vacancy rate and limited industrial land supply ensuring strong occupier demand and excellent capital growth.
Investment Highlights:
– Site Area: 8,094sqm*
– Building Area: 5,392sqm*
– Four 5T overhead cranes
– 5-year lease with passing net rent $600,000 per annum
– Outgoings 100% paid by the lessee including land tax
– 3.50% fixed annual increases
The property is securely let to a long-standing business in the custom fabrication industry, have been in operation 34 years and have invested a significant fit-out into the building.
To arrange an inspection or request further information please contact the agents.
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