70/22 Dunn Crescent, DANDENONG VIC 3175

SOLD

Fantastic Little Investment!

Discover this fantastic little investment located in a highly sought-after location just a short distance from East Link. This industrial property offers an incredible opportunity for savvy investors looking to expand their portfolio.

The property is currently securely leased through to October 2024. Additionally, there is a two-year option available to the tenant potentially extending the tenancy through to 2026.

This property also offers numerous opportunities for value-add improvements in the future. The property includes rear roller door access and on-title car parking.

Tenancy Details:

Rental: $20,045.04pa plus GST
Lease Start: 01/11/2022
Term: Two (2) years
Lease Expiry: 31/10/2024
Further Terms: Two (2) years
Increases: CPI annually, Market at expiry

Sale Price: $495,000, 10% deposit, settle 60/90 days

-All sizes are approximate
– All figures are GST exclusive unless otherwise stated.

Office Details:
Morrison Commercial
244 Boundary Rd, Braeside VIC 3195
(03) 9586 9999

Property Features
  • Industrial/Warehouse
  • Floor Area is 211 m²
Industrial/Warehouse
Patrick Morrison
Patrick Morrison
DIRECTOR
03 9586 9907
“Prices quoted do not include GST and GST may be payable in addition. All sizes quoted are approximate. Every care has been taken to verify the accuracy of the information contained herein, but no warranty is given and prospective purchasers are advised to carry out their own investigation.”