SOLD | $6,370,000 – 6.00% Yield

11 Assembly Dr, Dandenong South VIC 3175, Australia
  • Address: 11 Assembly Dr Dandenong South VIC 3175
  • Property type: Investment & Development Site
  • Offer type: Transactions
  • City: Dandenong South
  • Post Code: 3175

Overview

11 Assembly Dr, Dandenong South VIC 3175

The property is located in the master planned Estate One Business Park adjoining The Village Dandenong Shopping Centre. Featuring immediate access to the Princes Hwy, M1 and South Gippsland Fwy – the property is well placed to service the east and south east of Melbourne.

Key highlights of this blue chip investment opportunity include;

  • Brand new lease to “Kool Kidz” childcare, returning $390,000 per annum plus GST plus Outgoings
  • 15 year initial term with 2x 10 year options
  • 4% fixed annual increases
  • 6 month security bond
  • 3,732sqm of total site area
  • Commercial 2 Zoned (C2Z)

For more information please contact Jones Real Estate:

Paul Jones
+61 488 779 749
Paul.Jones@Jonesre.com.au

Tim Spargo
+61 402 747 030
Tim.Spargo@Jonesre.com.au

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