75 South Gippsland Highway,
Dandenong South, VIC 3175
Warehouse, Factory & Industrial
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$958,839
Number of Tenants
1 Tenant
Tenants / Type
Onsite Rental Group Op Pty Ltd
Private inspections
to arrange a private inspection.
Map of 75 South Gippsland Highway
Train stations within 5 km of 75 South Gippsland Highway, Dandenong South, VIC 3175 Distance Dandenong Station 2.6 km Hallam Station 3.8 km Yarraman Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of 75 South Gippsland Highway, Dandenong South, VIC 3175 Distance 105 South Gippsland Hwy 199 m Fowler Rd/South Gippsland Hwy (Dandenong South) 355 m South Gippsland Hwy/Princes Hwy (Dandenong South) 683 m Princes HwySouth Gippsland Hwy 706 m Claredale Rd/Princes Hwy (Doveton) 743 m POWERED BY HERE ©
POWERED BY HERE ©
Major Freehold Opportunity with Highway Exposure
- Occupy, Develop or Invest
- Site Area: 38,344 sqm*
- Short-term passing income
CBRE, in conjunction with Savills, are pleased to offer 75 South Gippsland Highway, Dandenong South, for sale via Expressions of Interest closing Thursday 29 August 2024 at 5pm AEST.
The property represents a scarce 3.83 hectare* hardstand logistics facility, which is being sold with a short-term lease expiring in June 2026 with no further options. There is significant potential for positive rental reversion in excess of 65%, with further scope for value-add and redevelopment options in the short term.
The site boasts a prominent South Gippsland Highway frontage of 170 metres* and is strategically located in one of Australia's most premier and established logistics precincts 32 km* from Melbourne's CBD and 6 km* from the future Dandenong South Intermodal Freight Terminal.
Highlights include:
- Total site area: 38,344 sqm*
- Functional industrial improvements with a GLA of 3,400 sqm*
- Concrete hardstand: 10,000 sqm*
- Crushed rock hardstand: 24,500 sqm*
- Extensive frontage: 170 m*
- Multiple crossovers to South Gippsland Highway
- Short-term passing income of $958,839^ per annum
- Commercial 2 Zone
For Sale via Expressions of Interest closing Thursday 29 August 2024 at 5pm AEST.
*approx.
^ assuming CPI increase of 4% YoY took place 30th June 2024
The property represents a scarce 3.83 hectare* hardstand logistics facility, which is being sold with a short-term lease expiring in June 2026 with no further options. There is significant potential for positive rental reversion in excess of 65%, with further scope for value-add and redevelopment options in the short term.
The site boasts a prominent South Gippsland Highway frontage of 170 metres* and is strategically located in one of Australia's most premier and established logistics precincts 32 km* from Melbourne's CBD and 6 km* from the future Dandenong South Intermodal Freight Terminal.
Highlights include:
- Total site area: 38,344 sqm*
- Functional industrial improvements with a GLA of 3,400 sqm*
- Concrete hardstand: 10,000 sqm*
- Crushed rock hardstand: 24,500 sqm*
- Extensive frontage: 170 m*
- Multiple crossovers to South Gippsland Highway
- Short-term passing income of $958,839^ per annum
- Commercial 2 Zone
For Sale via Expressions of Interest closing Thursday 29 August 2024 at 5pm AEST.
*approx.
^ assuming CPI increase of 4% YoY took place 30th June 2024
Property ID: 504649584Last Updated: 29 Jul 2024
75 South Gippsland Highway
Dandenong South, VIC 3175
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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