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348 Frankston-Dandenong Road Dandenong South VIC 3175

  • Factory, Warehouse & Industrial
  • 534 m²
  • For Sale, $750,000.00 ex GST

Main road investment with A grade tenant.

  • 534m² building area
  • Lease until 31/05/2021 + 3 year option
  • Immaculate presentation

This premier investment faces Frankston Dandenong Road and has an A1 tenant with immaculate presentation.

The existing lease is in place until 31st May 2021 with a further 3 year option. The current COVID-19 reduced rent is $31,856pa plus GST and outgoings. There are annual CPI reviews, a security deposit and director guarantees. The market rent is normally around $40,000 p.a. nett.

The property features a front showroom in top condition and a rear warehousing area. This site benefits from prime Frankston Dandenong Road exposure.

Take advantage of a ready made income.

Contact Facey Industrial to arrange your inspection on 9701 4455, Ian Kilgour on 0416 012 727 or Cameron Jay on 0488 335 388.

Property Highlights

Property ID2016406713
Floor Area534 m²
Land AreaAsk Agent
Parking5 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 Aug 2020
Map for 348 Frankston-Dandenong Road Dandenong South VIC 3175
Map for 348 Frankston-Dandenong Road Dandenong South VIC 3175348 Frankston-Dandenong Road Dandenong South VIC 3175
Facey Property
6 Clow Street Dandenong VIC 3175

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