Richardson French FOR SALE

36 Greens Road, Dandenong South

auction

Take Advantage!

Auction on site 12-00PM Wednesday 17th April

Offered to the market for the first time in serval decades, this main road investment property offering both an excellent return from an existing long-standing quality tenant together with the potential for future redevelopment, this property returns $90,000 per annum plus GST and all normal outgoings on a new 5-year lease commencing 23/04/2024 with a 3% annual increase.

Property features:

*Main road location
*Dual crossovers
*Long-standing tenant
*New 5 years lease
*Return $90,000 per annum net
*Annual 3% rental increases
*Executors auction
*Future redevelopment potential

To learn more or to arrange an inspection, please contact our listed agents:

Jeffrey Richardson - 0418 328 101
Chris Azidis - 0478 770 903
George Peng - 0432 582 669

Property Details

Asset Type
Industrial Warehouse
Building Area
681 m2*
Land Area
1,484 m2*
Price
$1,600,000+

George Peng

0432 582 669

sales5@richardsonfrench.com.au

Jeffrey Richardson

0418 328 101

jeffrey@richardsonfrench.com.au