For Sale

4, 157-163 Lonsdale Street DANDENONG

A First Class Investment with a Government Tenant

  • Sale Price $2,450,000
  • Area303 m²
  • Zoning Comprehensive Development

Highlights

  • State Trustees Limited as Tenants
  • Ground Level in Renowned Arkana Building
  • Prime Corner at Gateway to Dandenong
  • 5 Year Lease commenced 1st November 2019
  • 3 Allocated Car Parks

Description

This ground floor Office/Retail opportunity is located at the Gateway to Dandenong on the prominent corner of Lonsdale and Foster Streets in the renowned Arkana Building. This multi level development also houses the Punt Hill Apartments and Beletti's Restaurant.

* Tenant - State Trustees Limited
* Lease - 5x2x2 years commenced 1st November 2019
* Current Rent - $124,836 per annum plus GST and all applicable Outgoings
* Reviews 3% per annum
* Includes 3 allocated carparks and storage/utility room
* Zoning - Comprehensive Development

Inspections are strictly by Appointment with Facey Property
Contact - Graham "Josh" Kendall 0418 322 443 or Adam Martin 0409 357 352.

Tenure type

Tenanted Investment

Graham 'Josh' Kendall

Director

Adam Martin

Partner

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