250 Lonsdale Street, Dandenong

Sold

Wednesday, 7th December 2022

Investment with Plenty of Upside

Nichols Crowder is pleased to present a retail/office investment which has a great tenant, in a great location and offering great value.

This is a high yielding investment with the added benefit of plenty of future upside.

Key features include:

INVESTMENT
* Renewed 3 year lease to June 2025
* Tenant: Good Money – unlisted public company
* Current rental: $70,000 p.a plus GST and outgoings
* Land tax exempt tenant

BUILDING
* Two level office/retail building: 290sqm*
* Stand-alone building (not strata)
* Awesome fit out throughout
* Rear undercroft parking via laneway
* Huge opportunity to extend and increase income (STCA)

LAND
* Large land: 266sqm*
* Rear access via laneway
* Flexible zoning allowing for residential/office development (STCA)

For further details or to arrange an inspection please contact:

Andrew Pannam 0433 518 555
Julian Vautin 0420 406 660

OPEN FOR INSPECTION

Friday 2nd December: 12.00pm – 12.30pm
Tuesday 6th December: 12.00pm – 12.30pm
Wednesday 14th December: 11.30am – 12.00pm

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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