FIRST TIME OFFERED IN 30 YEARS!
Richardson French are proud to bring Shops 1A & 1B / 236 - 242 Lonsdale Street, Dandenong to the market for sale. Offered for the first time in 30 years, this LONG standing bakery is the perfect investment to add to your portfolio.With the exposure and prominence at the heart of Lonsdale Street, the inundation of regular clientele frequenting this bakery daily, and a strong lease in place, you will have every confidence to bid bold, and bid strong to win this fabulous property holding.
To arrange an inspection or a copy of the Section 32, please contact Matthew French on 0432 582 669.
Property Features:
+ Auction on 7th March at 1pm
+ Long standing tenancy and guaranteed rental
+ Rent Income of $48,885 PA (net) approx.
+ 4 x 4 year lease commenced 1st October 2016
+ Prominent exposure in the heart of Lonsdale Street
+ Tenant pays all outgoings
+ Very popular bakery with regular clientele
