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Sold on 18 Dec 2019

41-53 & 55-57 Lonsdale Street Dandenong VIC 3175

  • Development / Land
  • 3,349 m²
  • Sold

TWO (2) MAJOR PRIME ASSETS ALONG DANDENONG'S RETAIL GOLDEN MILE

    41-53 Lonsdale Street, Dandenong

    + Unrivaled 7,939sqm* corner landholding featuring major Mitsubishi & MG Car Dealerships 3,035sqm* modern single level showroom with multiple large vehicle parking areas

    + Combined frontage to Lonsdale Street & Cooper Court of 172m*

    + Premium tenant returning $609,590* per annum + GST + Outgoings (plus 2 x 5 Year Options)

    + Leased to Grand Master Dealer Booran Motor Group with 18 Victorian dealerships

    + On the fringe of Dandenong's City Centre which is undergoing major revitalisation driven by a $290 million Victorian Government investment and $700 million in private investment

    + A superb investment in a rapidly expanding south-eastern corridor and Australia's largest manufacturing, innovation and technology precincts, well serviced by amenity, transport and road linkages

    55-57 Lonsdale Street, Dandenong

    + Tremendous 3,349sqm* Commercial 2 Zone landholding with huge 40m* frontage to expose your business to over 35,000 vehicles per day

    + Established showroom, warehouse, wash bay area and large display yard.

    + In the heart of the car sales precinct with surrounding businesses Hyundai, Mitsubishi, Pedders Suspension, Nissan, Kia Motors, Booran Holden, Ford and Peter Stevens.

    + The preferred location for major global and national brands Amazon, L'Oreal, Woolworths, Dulux, Bunnings & Aldi

    + Strategically positioned amongst major arteries such as Frankston-Dandenong Road, Monash Freeway, South Gippsland Hwy/Fwy and Eastlink

    + Within walking distance to Dandenong CBD , Dandenong Plaza and Market and Dandenong Train Station

    + Offered vacant possession - occupy today

    Offered separately or as part of the Melbourne Land Bank & Income Portfolio.
    - 41-53 Lonsdale Street, Dandenong
    - 55-57 Lonsdale Street, Dandenong
    - 380 Cooper Street, Epping

    EXPRESSIONS OF INTEREST NOW CLOSED

    For information please contact the exclusive sales and marketing agents:

    David Minty
    0422 564 199

    James Jorgensen
    0421 989 012

    Daniel Eramo
    0400 871 191

    Under instruction from Preston Motors (Holdings) Pty Ltd

    *approx

    David Minty
    CBRE Melbourne
    David Minty
    CBRE Melbourne

    Property Highlights

    Date Sold18 Dec 2019
    Floor Area3,035 m²
    Land Area3,349 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232012
    Category
    Last updated  3 Sep 2021
    Map for 41-53 & 55-57 Lonsdale Street Dandenong VIC 3175
    David Minty
    CBRE Melbourne
    David Minty
    CBRE Melbourne

    Property Highlights

    Date Sold18 Dec 2019
    Floor Area3,035 m²
    Land Area3,349 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017232012
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    David Minty
    David Minty
    CBRE Melbourne
    David Minty
    David Minty
    CBRE Melbourne

    David Minty

    CBRE Melbourne

    +61 *** ***
    +61 422 564 199

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