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1/22 Park Drive
Dandenong VIC 3175
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Sold on 30 Apr 2023

1/22 Park Drive Dandenong VIC 3175

  • Factory, Warehouse & Industrial
  • 1,698 m²
  • Sold, $3,600,000

Investment Opportunity - First Time on the Market!

    Being offered to the market for the first time since the land was acquired by the Owners in the late 70s, this functional office/warehouse was constructed in 2000.

    Property Details:
    - Total building area of 1698sqm
    - Two floors of office space, including board room and amenities on each floor
    - Ample on-site parking
    - Good truck access

    Investment Summary:
    - Tenant: Unitex Australia Pty Ltd
    - Lease term: 3 years expiring 31/05/2024
    - Rental: $146,934.69 pa
    - 5% increase 01/06/2023 to $154,281 pa
    - Security: 3 months rental

    For further information on this property, please contact the Exclusive selling agents from Cameron.

    Property Highlights

    Date Sold30 Apr 2023
    Sold Price$3,600,000
    Floor Area1,698 m²
    Land Area2,188 m²
    ParkingAsk Agent
    Property ID2018054691
    Category
    Last updated  11 May 2023
    Map for 1/22 Park Drive Dandenong VIC 3175

    Property Highlights

    Date Sold30 Apr 2023
    Sold Price$3,600,000
    Floor Area1,698 m²
    Land Area2,188 m²
    ParkingAsk Agent
    Property ID2018054691
    Category
    Last updated  11 May 2023

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