Richardson French FOR SALE

36 Greens Road, Dandenong South

for sale

TAKE ADVANTAGE OF THIS EXCELLENT TENANT!

Offered to the market 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 23/03/2024 with a 3% annual increase. (Current Rent $92,700 PA +GST)

Property features:

*Main road location
*Dual crossovers
*Long-standing tenant
*5 years lease commencing 23/03/2024
*Return $92,700 per annum net
*Annual 3% rental increases
*Future redevelopment potential

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

George Peng (中文/ENGLISH) - 0432 582 669
Rudy Lopes: 0466 398 007
Cole Pengelly - 0401 439 119
Jeffrey Richardson: 0418 328 101

Property Details

Asset Type
Industrial Warehouse
Building Area
681 m2*
Land Area
1,484 m2*
Price
$1,925,000 Ex GST

George Peng

0432 582 669

sales5@richardsonfrench.com.au

Rudy Lopes

0466 398 007

sales1@richardsonfrench.com.au