Iconic Build - Tenanted Investment
- 17,105sqm of Total land area
- Annual income of $737,000 approx
- 5-year Lease with a 5-year option
Cameron is proud to present this prestigious property in the heart of Dandenong South
This opportunity is not to be missed, with its prime position, elite frontage, long-term tenant with options, great access & proximity to major arterials including Eastlink, Monash & Peninsula Freeway.
A highly versatile industrial facility encompassing corporate offices, this asset includes a high clearance factory/warehouse and low site coverage of under 50%. Extensive hardstand allowing B-double drive around access with surplus container set down / hardstand area.
Tenancy Details:
– Leased to national tenant Quest Carpets for 15 years
– Returning $737,000 p/a
– Renewed 5-year lease as of 1st July 2021
– Annual CPI increases
– Five year option
Property Details:
– 17,105sqm of total land area
– 8,420sqm of warehouse and dual-level offices
– High internal clearance
– 6 Roller shutter doors
– B-double drive around access