Solid Investment
- 5 x 5 Year lease
- Returning $107,000 pa
- 6 Months security deposit
Located in the heart of the Dandenong South industrial precinct you will find this solid investment opportunity.
– Concrete tilt panel, clear span warehouse
– 146m2* Of first floor office
– Tenant: Thermotec Plastics have been in the property for 15 years
– 5 Year lease commenced 01/03/2023
– 1 Further term of 5 years
– Currently returning $107,000 pa + outgoings
– CPI increases
– 6 Months security deposit
For more details on the tenant, please see their website: https://progardplastics.com.au/
For your copy of the Section 32, please contact the listing agent.
*Denotes approximate
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