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43-55 Mark Anthony Drive, DANDENONG SOUTH, VIC, 3175

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+27 Photos

SOLD

43-55 Mark Anthony Drive, DANDENONG SOUTH, VIC, 3175

Properties / Sold / Victoria / Dandenong South

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

$16,500,000

Land Area

17,105 m² (*approx)

Floor Area

8420 m² (*approx)

Property Type

Industrial

Sub-type

Warehouse Showroom, Storage Facility

Terms

5-year Lease with a 5-year option

Est. Income

$730,000 p/a

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2. Property Highlights

Iconic Build - Tenanted Investment

17,105sqm of Total land area
Annual income of $737,000 approx
5-year Lease with a 5-year option

Cameron is proud to present this prestigious property in the heart of Dandenong South

This opportunity is not to be missed, with its prime position, elite frontage, long-term tenant with options, great access & proximity to major arterials including Eastlink, Monash & Peninsula Freeway.

A highly versatile industrial facility encompassing corporate offices, this asset includes a high clearance factory/warehouse and low site coverage of under 50%. Extensive hardstand allowing B-double drive around access with surplus container set down / hardstand area.

Tenancy Details:

- Leased to national tenant Quest Carpets for 15 years

- Returning $737,000 p/a

- Renewed 5-year lease as of 1st July 2021

- Annual CPI increases

- Five year option

Property Details:

- 17,105sqm of total land area

- 8,420sqm of warehouse and dual-level offices

- High internal clearance

- 6 Roller shutter doors

- B-double drive around access