59-61 Ordish Road Dandenong South VIC 3175

Burgess Rawson is pleased to offer to the market Kip Happy Stays, Dandenong South VIC for sale via Investment Portfolio Auction 177.

The property has the following key investment highlights:

+ Long twenty (20) year triple net lease to Kip Happy Stays to 2042
+ Four (4) further ten (10) year options to 2082
+ Kip Happy Stays: established 2018, Australia's leading pet boarding and daycare provider with 29 locations across VIC, NSW, QLD, SA, & ACT plus a strong pipeline of forecasted growth (1)
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ Rare, landlord-favourable, triple net lease terms with the tenant responsible for 100% of outgoings including rates, insurance premiums and land tax
+ Tenant also responsible for all structural maintenance, repairs, and replacement
+ Modern and well-presented 2,000sqm* pet boarding and daycare facility, including $1,000,000+ of purpose-built kennel infrastructure
+ Irreplaceable 3,996sqm* IN2Z freehold landholding with strong underlying land value and 17 on-title car spaces
+ Strategic location just off Greens Road, a key arterial within Melbourne's south-eastern industrial corridor, providing direct CBD access via EastLink and exposure to 29,000+ passing vehicles daily (2)
+ Prime logistics and manufacturing hub location within metres from Bunnings, Amart, Harvey Norman, ALDI Distribution Centre, Woolworths and more
+ City of Greater Dandenong: home to 167,298 residents, the municipality supports 114,506 jobs and has an annual economic output of $62 billion+ (3)
+ Net Income: $273,181 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 26 June 2025
River Room - Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
1 Kip Happy Stays
2 GapMaps
3 REMPlan