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113-119 Williams Road, Dandenong South, VIC, 3175

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113-119 Williams Road, Dandenong South, VIC, 3175

Dandenong South

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113-119 Williams Road, Dandenong South, VIC, 3175

Dandenong South

SOLD
113-119 Williams Road, Dandenong South, VIC, 3175

113-119 Williams Road, Dandenong South, VIC, 3175

Properties / Sold / Victoria / Dandenong South
Tenanted Investment
Selling Method
EOI
Selling Details
UNDER CONTRACT
Floor Area
1606 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$145,982 p/a
Car Spaces
22
Show All
UNDER CONTRACT - Industrial investment with strong upside
  • Solid industrial investment
  • Massive rental growth opportunity
  • Freehold corner position

With a long list of features, this asset will make a profitable addition to your portfolio.

Located on a corner allotment in an established and central industrial position, the property offers three roller doors and two egress points providing outstanding flexibility for the occupier. Fitted offices are in place over two levels and there is substantial power with CT Metering along with generous solar system.

The sitting tenant has a 5 x 5 year term with the current passing rent of $145,982 + GST and Outgoings considered below market ($84/m²). This provides scope for strong growth and is endorsed by the sub tenant who is paying $180,000 ($103/m²) pa which is still very conservative in todays market.

Current term expires 14/06/25, when the opportunity for a significant rental lift occurs.

Located just off Greens Road and within close proximity to Eastlink, South Gippsland Hwy & Frankston-Dandenong Road.

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

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

113-119 Williams Road Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$145,982 p/a
Floor Area
1606 m² (*approx)
Car Spaces
22
Selling Method
EOI
Selling Details
UNDER CONTRACT

Investment Highlights

UNDER CONTRACT - Industrial investment with strong upside
  • Solid industrial investment
  • Massive rental growth opportunity
  • Freehold corner position

With a long list of features, this asset will make a profitable addition to your portfolio.

Located on a corner allotment in an established and central industrial position, the property offers three roller doors and two egress points providing outstanding flexibility for the occupier. Fitted offices are in place over two levels and there is substantial power with CT Metering along with generous solar system.

The sitting tenant has a 5 x 5 year term with the current passing rent of $145,982 + GST and Outgoings considered below market ($84/m²). This provides scope for strong growth and is endorsed by the sub tenant who is paying $180,000 ($103/m²) pa which is still very conservative in todays market.

Current term expires 14/06/25, when the opportunity for a significant rental lift occurs.

Located just off Greens Road and within close proximity to Eastlink, South Gippsland Hwy & Frankston-Dandenong Road.

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

Remember to mention you found this property on CommercialReady

Read More

Property Location of 113-119 Williams Road, Dandenong South, VIC, 3175

Property Map
113-119 Williams Road, Dandenong South, VIC, 3175 Dandenong South
Facey Property
Facey Property
10A E J Court, Dandenong South, VIC, 3175
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