Premium Industrial Investment

This prime industrial investment is located in the desirable Dandenong South precinct, offering astute investors an outstanding opportunity. It features a 390m² office space across two levels, amenities on both floors and a ground floor lunch areas. This as new building is in exceptional condition has just under 50m of street frontage, secure gates, three 6m-wide roller doors, and a 7.6 – 9.0 metre internal clearance.
Additionally, it includes a large 245m² canopy, and 39 on-site parking spaces.

This Freehold Title has a Land area of 4354m2 – Zoned Industrial 1.

Tenant: Aluminium Specialties Group Pty Ltd
Lease: 5 years & 7 months commenced the 6th June 2022.
Further Options: 5 years + 5 Years
Rent: $317,179.20 pa plus GST as of 6th June 2024
Reviews: 4% annual reviews – to market if options exercised.
Outgoings: All those applicable payable by the Tenant
Security: Bank Guarantee equivalent to 4 months Rent plus GST component.

This property is strategically located just off Taylors Road and within close proximity to major road networks..

Enquire at www.faceyproperty.com.au to make your next move.

Terms: 10% Deposit balance 30/60 days