October 19, 2018


67 - 69 Licola Crescent, Dandenong

A large, high-clearance warehouse with office facilities at 67-69 Licola Crescent, Dandenong South has sold for $3.526 million.  With a building area of 2,532sqm, this represents a sale price of almost $1,400psm, which highlights the shortage of current stock on the market at the moment, and solid demand for these types of properties.

Set on land of 4,009sqm, the property was fully fenced, included ample off-street parking and a rear yard.  The warehouse itself had several roller doors and provided lots of natural light, while the office of 360sqm included extensive staff amenities.

“There is currently steady demand from a range of industry sectors that require Industrial 2 zoned properties in Dandenong South,” explained Vincent Daniele, Sales and Leasing Executive.  “As we are seeing regular enquiry for warehouses with this zoning in the region, it’s a great time for vendors to take their property to market.”

For further details contact:
Vincent Daniele 0428 272 887