Solutions Newsletters

Property Solutions: Great Results Dandenong & Surrounds

June 15, 2020

SOLUTIONSInsights, properties & results / Your solutions

Small Businesses Most Active

  • In the eight weeks of April and May, Nichols Crowder transacted 61 properties, with 26% of these transactions being sales, and 74% being leases. The main activity was coming from small business owners and operators.
  • 80% of the leasing activity was in the industrial sector and in properties less than 500sqm
  • The industry types providing the most activity were: Transport / logistics, Construction / home maintenance, Health & professional services, Digital e-commerce, Food-related preparation, distribution, packaging
  • Moving forward, we anticipate small businesses will remain active in the market, and medium-to-large sized businesses will re-emerge post-lockdown to implement their changed business strategies.  In so doing many will relocate.
Leased
$114,150 p.a. + Outgoings & GST
11 - 15 Micro Circuit, Dandenong South
Ultimate office warehouse: 1,496sqm*
Leased to an importer of children's learning systems, made from wood
Sold
$240,000
11 / 24-26 Hamersley Drive, Clyde North
Warehouse area: 112sqm*
Purchased by owner occupier
Leased
$41,000 p.a + Outgoings + GST
1/ 2-22 Kirkham Road West, Keysborough
Office Warehouse: 408sqm*
Leased by business that supplies rubber mounting systems
Leased
$89,700 p.a + Outgoings & GST
49 Cahill Road, Dandenong South
Land area: 7,540sqm*
Leased to a company operating construction/building recycling
Leased
$20,000 p.a. + Outgoings + GST
5, 191-195 Greens Rd, Dandenong Sth
Warehouse: 268sqm*
Leased to an Alucobond fitting business
Sold
$378,000
85 Queen Street, Warragul
Leased cafe, sold on a 4.3% return
Sold to a local investor
Leased
$35,000 p.s + outgoings + GST
2 Federation Road, Dandenong South
Office / Warehouse: 318sqm*
Leased to a business making shower screens
Sold
$210,000
33/ 22 Dunn Crescent, Dandenong
Warehouse: 105sqm*
Purchased by an owner occupier
We have buyers & tenants. Contact us for a property solution.
8797 1388
All information and sizes are approximates. Particulars herein are for information only and do not constitute any representation by the owner or agent. Interested parties should make their own enquiries. If you do not wish to receive further information please contact our privacy offi cer. If your property is exclusively listed witn another agent, please disregard this notice.

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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, Dandenong to Carrum Downs and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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