Main Road Tenanted Investment with Significant Land Holding
- Rental return of $1,504,132 pa + GST
- Short WALE
- Potential future redevelopment (STCA)
Cameron is thrilled to present 35 Greens Road, Dandenong South for sale via expressions of interest.
With an enormous land holding, 136m of frontage to Greens Road, and two tenancies, this property represents an exceptional and extremely rare opportunity to secure a substantial foothold in the true heart of Dandenong South’s tightly held industrial precinct.
Investment highlights:
* Two tenancies returning $1,504,132 per annum + GST and outgoings
* Leases expire in January 2027 with no further options
* Annual rental increases are fixed at 3% annually
* Outgoings payable by tenants (including land tax for rear tenancy)
Property features:
* High-clearance, sprinklered warehouse
* Expansive, 136m frontage to Greens Road
* Suspended ceiling in front retail tenancy (can be converted back to warehousing)
* Large power supply with huge solar installation
* Extensive concrete hardstand
* Dual, wide crossovers provide excellent truck access
* Industrial 1 zoning
* Large carparking capacity
* Potential for future redevelopment (STCA)
Contact the exclusive agents at Cameron for more information and to arrange an inspection.
Expressions of interest close at 4:00pm AEDT on Thursday, 27th of February (unless sold prior).
All measurements are approximate and outlines are indicative only.
Contact Agents
