355-359 Lonsdale Street Dandenong VIC 3175

Shop & Retail
Sold

SUPERIOR INVESTMENT - 5 YEAR LEASE

Retail investment of 479 m2
5 year lease + options, from 28/2/2018
Returning $87,500 per annum nett

EXPRESSION OF INTEREST - Closing Wednesday 31st October, 4pm
Premium retail investment with long established tenant.

C J Spices are long term tenants of this site, and have recently renewed their lease for a further 5 years plus options - such is the confidence they have in the area. Located on Lonsdale Street/Princes Highway and opposite Dandenong Market, this site enjoys premium visibility, access and street frontage.
Comprising a total building area of 479m², the premises has a large grocery area as well as first floor kitchen and amenities as well as rear pedestrian access from Lois Lane. There is further storage area upstairs at the rear of the premises.
Lease to C J Spices was renewed on 28th February 2018 for 5 years, plus further 5 year + 5 year options. Current rent $87,500 per annum plus GST and outgoings, with annual 5% reviews.
This premium retail investment is offered for sale by Expression of Interest, closing Wednesday 31st October, 4pm

For more information or to arrange a personal inspection, contact Facey Industrial on 9701 4455 or Josh Kendall on 0418 322 443 or Ian Kilgour on 0416 012 727.