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64 Dandenong Road West
Frankston VIC 3199
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Sold on 29 Sep 2020

64 Dandenong Road West Frankston VIC 3199

  • Shop & Retail
  • 440 m²
  • Sold

SECURE INVESTMENT LEASED TO "DULUX GROUP"

Rare opportunity to acquire this prominent corner showroom securely leased to longstanding tenant (Dulux Group).

Gorman Commercial is pleased to offer this Set & Forget investment for private sale.

Key attributes of the property include:

* Income: $96,155 p.a. + GST + outgoings (land tax payable by Dulux Group)
* Lease term: 5 + 5 years
* Immaculately presented showroom of 440 sqm approx.
* Dulux Group have been in occupation for 20+ years
* Excellent on-site parking and rear RSD access
* Dulux Group leading manufacturer of premium branded products including Dulux, Selleys, Yates, Cabots, B & Ds, British Paints, Berger, Poly and Hortico

Strategically located between Frankston City Centre, Frankston Train Station, car dealerships and large format retailers. In close proximity to Eastlink, Mornington Peninsula Freeway and Nepean Highway.

Gorman Commercial Real Estate Pty Ltd
Gorman Commercial Real Estate Pty Ltd
L1, 415 Riversdale Road
Hawthorn East, VIC 3123

Property Highlights

Date Sold29 Sep 2020
Floor Area440 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2016336335
Category
Last updated  1 Oct 2020
Map for 64 Dandenong Road West Frankston VIC 3199

Nearest transport* to 64 Dandenong Road West Frankston VIC 3199

Bus
Train
Mereweather Ave/Dandenong Rd (Frankston)78 m
Mereweather Ave/Dandenong Rd (Frankston)89 m
Cricklewood Ave/Dandenong Rd East (Frankston)89 m
Ebdale St/Dandenong Rd (Frankston)92 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Gorman Commercial Real Estate Pty Ltd
Gorman Commercial Real Estate Pty Ltd
L1, 415 Riversdale Road
Hawthorn East, VIC 3123

Property Highlights

Date Sold29 Sep 2020
Floor Area440 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2016336335
Category
Last updated  1 Oct 2020

Co-Agents

Tom Maule
Tom Maule
Gorman Commercial Real Estate Pty Ltd
Call
0401 636 049
Stephen Gorman
Stephen Gorman
Gorman Commercial Real Estate Pty Ltd
Call
0418 321 828

More about 64 Dandenong Road West Frankston VIC 3199

64 Dandenong Road West Frankston VIC 3199 is categorized as Shop & Retail Property. It has a floor area of 440 m². The listing ID for this property is 2016336335.

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