Shop 4/157-163 Lonsdale Street, DANDENONG VIC 3175

Invest In The Best

A first-class investment with a government tenant – approximately 5.5% return

This ground-floor office/retail opportunity is located within the renowned Arkana building, at the gateway to Dandenong and on the prominent corner of Lonsdale and Foster Streets. This multi-level development also houses the Dandenong Central Apartment Hotel and Beletti’s Restaurant.

• Tenant: State Trustees Limited as Government tenants
• Lease: 3×2 years commencing 01/11/2024
• Current Rent: $121,200pa plus GST and all applicable outgoings as of 01/11/2024
• Reviews: 4% annually to market if the option is exercised
• Inclusions: three allocated carparks and a storage/utility room
• Zoning: Comprehensive Development

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