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.
|Floor Area||534 m²|
|Land Area||Ask Agent|
|Parking||5 x Onsite parkings|
|Annual Return||Ask Agent|
|Last updated||19 Aug 2020|