4/157-163 Lonsdale Street, DANDENONG VIC 3175 - Facey Commercial Property Agent
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4/157-163 Lonsdale Street, DANDENONG VIC 3175 |

For Sale $1,950,000

A First Class Investment With A Government Tenant

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 – $136,411 per annum as of 1st November 2023 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.

PROPERTY ID: 125478

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