67-75 Princes Highway Dandenong South VIC 3175

Colliers Industrial Capital Markets, in conjunction with Carter Humphries, is pleased to offer for sale 67-75 Princes Highway, Dandenong South.

Located within Melbourne's premier and most prestigious industrial and logistics market, this impressive land-rich, main-road leased investment is positioned on low site coverage, offering a multitude of long-term value enhancement opportunities. Dandenong South offers excellent access and connectivity to the Monash Freeway, Eastlink (M3), South Gippsland Highway, Dandenong Bypass, and Greater Metropolitan Melbourne.

The property is securely leased to Whitehorse Truck Centres, trading as Daimler Trucks Dandenong. They have been operating from the site for over 23 years and are a market leader specialising in the sales and service of heavy vehicles.

Key investment highlights include:

- Substantial regular shaped land holding of 20,690sqm

- 3,366sqm of highly versatile and recently refurbished showroom/office/warehouse improvements

- Secure passing income of $769,240 p.a.

- WALE of 2.2 years by income with options

- High-profile site with over 130m of frontage to the busy Princes Highway

- Rare low site coverage of 16% offers an array of future value enhancement and higher order redevelopment opportunities (STCA)

67-75 Princes Highway, Dandenong South, is offered for sale via Expressions of Interest campaign closing Thursday, 9th May at 4pm (AEST).

For further information on this unique opportunity, please contact the exclusively appointed agents.

All figures are approximate.