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250 Lonsdale Street
Dandenong VIC 3175
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Sold on 7 Dec 2022

250 Lonsdale Street Dandenong VIC 3175

  • Shop & Retail
  • 290 m²
  • Sold

INVESTMENT WITH PLENTY OF UPSIDE

    AUCTION WEDNESDAY 14TH DECEMBER AT 12NOON ON SITE

    Nichols Crowder is pleased to present a retail/office investment which has a great tenant, in a great location and offering great value.

    This is a high yielding investment with the added benefit of plenty of future upside.

    Key features include:

    INVESTMENT
    * Renewed 3 year lease to June 2025
    * Tenant: Good Money - unlisted public company
    * Current rental: $70,000 p.a plus GST and outgoings
    * Land tax exempt tenant

    BUILDING
    * Two level office/retail building: 290sqm*
    * Stand-alone building (not strata)
    * Awesome fit out throughout
    * Rear undercroft parking via laneway
    * Huge opportunity to extend and increase income (STCA)

    LAND
    * Large land: 266sqm*
    * Rear access via laneway
    * Flexible zoning allowing for residential/office development (STCA)

    For further details or to arrange an inspection please contact:

    Andrew Pannam 0433 518 555
    Julian Vautin 0420 406 660

    OPEN FOR INSPECTION

    Friday 2nd December: 12.00pm - 12.30pm
    Tuesday 6th December: 12.00pm - 12.30pm
    Wednesday 14th December: 11.30am - 12.00pm

    PLEASE NOTE:

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    * Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

    AUCTION

    Auction date and time14/12/2022 12:00
    Auction location250 Lonsdale Street, Dandenong VIC

    Property Highlights

    Date Sold7 Dec 2022
    Floor Area290 m²
    Land Area266 m²
    ParkingAsk Agent
    Property ID2018205934
    Category
    Last updated  8 Dec 2022
    Map for 250 Lonsdale Street Dandenong VIC 3175

    Property Highlights

    Date Sold7 Dec 2022
    Floor Area290 m²
    Land Area266 m²
    ParkingAsk Agent
    Property ID2018205934
    Category
    Last updated  8 Dec 2022
    358 South Rd Moorabbin VIC 3189

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