Share this property

realcommercial.com.au
Nichols Crowder Property Solutions - Moorabbin

11A Dunearn Road Dandenong North, VIC 3175

Directions

11A Dunearn Road,
Dandenong North, VIC 3175

Medical & Consulting • Offices • Shops & Retail
Added today

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Private inspections

to arrange a private inspection.

Map of 11A Dunearn Road

Directions
  • Train stations within 5 km of 11A Dunearn Road, Dandenong North, VIC 3175Distance
    Yarraman Station1.5 km
    Noble Park Station2.3 km
    Dandenong Station2.5 km
    Sandown Park Station3.7 km
    Springvale Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 11A Dunearn Road, Dandenong North, VIC 3175Distance
    Adelaide St/Heatherton Rd (Dandenong North)147 m
    Gladstone Rd/Heatherton Rd (Dandenong North)149 m
    Chifley Crst/Gladstone Rd (Dandenong)211 m
    Heatherton Rd/Gladstone Rd (Dandenong North)256 m
    St Gerards Catholic School/Gladstone Rd (Dandenong)312 m
    POWERED BY HERE ©
POWERED BY HERE ©

Pharmacy + 2 income streams

  • HIGH YIELDING INVESTMENT
  • THREE REVENUE STREAMS
  • MODERN THREE LEVEL BUILDING
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 28TH NOVEMBER AT 1PM

Nichols Crowder is proud to present 11A Dunearn Road, Dandenong North, to the market through our Portfolio Sale Expressions of Interest campaign.

This high yielding investment offers impressive income streams across three tenancies.

The ground floor features a 120sqm* retail space, occupied by the anchor tenant, Dunearn Pharmacy, a well-established business and local favourite.

The first floor comprises a 68sqm* office, leased to an e-Commerce business. Completing the property, the residence extends from the rear of the first floor and occupies the entire second level, with a balcony adding further value to the residential aspect.

this property presents an excellent opportunity for investors seeking reliable tenants and
multiple income streams.

Key features include:

* Total commercial building area: 188sqm*
* Estimated net income (excluding Land Tax) $82,802.09
* Total land area: 187sqm*
* Well presented residence, with a balcony
* Two (2) secure garage spaces on title with rear access
* High-activity retail strip with great on-street parking
* Great signage exposure for tenants

Ground Floor Tenancy:
* Anchor tenant: Dunearn Pharmacy, returning $50,824.09 p/a + Outgoings & GST
* Lease expiry: October 2028
* Five (5) year option with market rent review
* 3% annual increases

First Floor Tenancy:
* Returning $15,738 p/a + Outgoings & GST
* Lease expiry: April 2026
* Two (2) year option with market rental review
* 3% annual increases

Residence:
* Returning: $20,340 inclusive of outgoings

11A Dunearn Road, Dandenong North presents an excellent opportunity for investors seeking reliable tenants and multiple income streams.

For further details or to arrange an inspection please contact:

Matthew Duncan 0400 427 4...
Matt Nichols 0418 186 4...

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Property ID: 504730916Last Updated: 7 Nov 2024

Nichols Crowder Property Solutions - Moorabbin

358 South Road
MOORABBIN, VIC 3189
Nichols Crowder Property Solutions - Moorabbin
11A Dunearn Road
Dandenong North, VIC 3175

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Nichols Crowder Property Solutions - Moorabbin

Other properties you might be interested in based on the location and property type you are looking at.