314-322 South Gippsland Highway, DANDENONG VIC 3175
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- 24 Nov 2016
Prominent Highway Investment - Booming Dandenong Location
Brand new 15 year Triple Net lease to 2031 plus options.
Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation.
United Petroleum: The largest independent fuel retailer in Australia.
Guaranteed rental growth with fixed 3.5% increases annually.
Improvements include convenience store, attached canopy, fibreglass tanks, auto car wash and detached 3 bay workshop.
Prime 4,399 sqm site with 66m South Gippsland Hwy frontage within important industrial & logistics precinct.
Greater Dandenong: Melbourne’s second largest retail and commercial center.
Rent: $160,000 pa.
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
This property is offered as part of a Portfolio of 6 United Petrol Investments with the additional 5 in the following locations;
To Be Sold Separately.
Yagoona (Sydney) NSW
Mitcham (Melbourne) VIC
Hampton Park (Melbourne) VIC
Blair Athol (Adelaide) SA
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
07/12/2016 11:00:00 Add to Calendar
314-322 South Gippsland Highway...