222-224 Discovery Road,
Dandenong South, VIC 3175
Warehouse, Factory & Industrial
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Key property information
Land area
Floor area
Property extent
Zoning
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Map of 222-224 Discovery Road
Quality Freestanding Investment
- Passing income of $148,460 pa net
- Near new building with corner location
- Secure income and fixed annual increases
Cushman and Wakefield are pleased to offer for sale this rare tenanted industrial investment situated at 222-224 Discovery Road, Dandenong South.
The property's location coupled with its strong secure income in a market starved for investment opportunities makes it stand out from all others.
Key investment highlights:
- Passing income of $148,460 pa net
- Four (4) year lease from 1 August 2020
- One (1) further term of three (3) years
- Fixed annual increases of 3.0%
Property features include:
- Land area of 2,955 square metres zoned Industrial 1
- Total building area of 1,676sqm
- Single level office of 228sqm
- Clear-span warehouse of 1,448sqm
- Front and rear loading via three (3) motorised Roller shutter doors
- Canopy covering rear loading area
- Excellent internal height up to 9 metres*
- Secure fencing and motorised gates with on-site security
- Racking included in the sale of the property
Situated on the north west corner of Discovery Road and Columbia Court, the property is seconds from Frankston-Dandenong Road providing access to Greens and Thompsons Road, 35km south east of the Melbourne CBD. The property is surrounding major occupiers including Rondo, L’Oreal, Ozito, Woolworths among others.
The property is being offered for immediate private sale.
Please contact exclusively appointed agents at Cushman and Wakefield for further information or to arrange a private inspection.
The property's location coupled with its strong secure income in a market starved for investment opportunities makes it stand out from all others.
Key investment highlights:
- Passing income of $148,460 pa net
- Four (4) year lease from 1 August 2020
- One (1) further term of three (3) years
- Fixed annual increases of 3.0%
Property features include:
- Land area of 2,955 square metres zoned Industrial 1
- Total building area of 1,676sqm
- Single level office of 228sqm
- Clear-span warehouse of 1,448sqm
- Front and rear loading via three (3) motorised Roller shutter doors
- Canopy covering rear loading area
- Excellent internal height up to 9 metres*
- Secure fencing and motorised gates with on-site security
- Racking included in the sale of the property
Situated on the north west corner of Discovery Road and Columbia Court, the property is seconds from Frankston-Dandenong Road providing access to Greens and Thompsons Road, 35km south east of the Melbourne CBD. The property is surrounding major occupiers including Rondo, L’Oreal, Ozito, Woolworths among others.
The property is being offered for immediate private sale.
Please contact exclusively appointed agents at Cushman and Wakefield for further information or to arrange a private inspection.
Property ID: 503935942Last Updated: 25 Sep 2022
04085563...
222-224 Discovery Road
Dandenong South, VIC 3175
Cushman & Wakefield - South EastGround Floor, 5 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
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