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572 Frankston Dandenong Road, Carrum Downs, VIC, 3201
Carrum Downs
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 13TH DECEMBER 2023 AT 2PM
Nichols Crowder is delighted to bring to market, for the first time in 22 years 572 Frankston-Dandenong Road, Carrum Downs. These opportunities don't come around very often.
Arguably the best corner in Carrum Downs, this site boasts 5,749sqm* of prime Industrial 1 land. Fronting onto both Frankston-Dandenong Road and Lathams Road with crossovers to both. This site is adjacent to the Carrum Downs Lifestyle Centre and is only 2km* to Peninsula Link and Eastlink on/off ramps.
With a total building area of 1,707sqm* which is only 29%* site coverage, there is massive scope for developers.
Anchored with the main tenant being Bursons Automotive who are on their last 3-year lease term, the opportunities are endless. Develop, move in 3 years or land hold. You choose!
Key features include:
* Total land area: 5,749sqm*
* Total building area: 1,707sqm*
* Impressive frontage onto two main roads totalling 176m*
* Two crossovers
* Industrial 1 Zone
* Combined current rental income of $231,704 p.a.* + GST + Outgoings
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Remember to mention you found this property on CommercialReady
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 13TH DECEMBER 2023 AT 2PM
Nichols Crowder is delighted to bring to market, for the first time in 22 years 572 Frankston-Dandenong Road, Carrum Downs. These opportunities don't come around very often.
Arguably the best corner in Carrum Downs, this site boasts 5,749sqm* of prime Industrial 1 land. Fronting onto both Frankston-Dandenong Road and Lathams Road with crossovers to both. This site is adjacent to the Carrum Downs Lifestyle Centre and is only 2km* to Peninsula Link and Eastlink on/off ramps.
With a total building area of 1,707sqm* which is only 29%* site coverage, there is massive scope for developers.
Anchored with the main tenant being Bursons Automotive who are on their last 3-year lease term, the opportunities are endless. Develop, move in 3 years or land hold. You choose!
Key features include:
* Total land area: 5,749sqm*
* Total building area: 1,707sqm*
* Impressive frontage onto two main roads totalling 176m*
* Two crossovers
* Industrial 1 Zone
* Combined current rental income of $231,704 p.a.* + GST + Outgoings
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Remember to mention you found this property on CommercialReady
572 Frankston Dandenong Road, Carrum Downs, VIC, 3201
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
