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Burgess Rawson - Melbourne

Domino’s & Independent Living Specialists, 39A & 39B Langhorne Street Dandenong, VIC 3175

Domino’s & Independent Living Specialists, 39A & 39B Langhorne Street,
Dandenong, VIC 3175

Shops & Retail • Showrooms & Large Format Retail • Offices

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Burgess Rawson - Melbourne
Jamie Perlinger
David Napoleone

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Domino’s & Independent Living Specialists, 39A & 39B Langhorne Street
Dandenong, VIC 3175

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Renewed Domino’s ‘Head Office’ Lease & National Mobility Specialist Investment | Strong CBD Position

  • Dual Income Stream Investment
  • Fixed 4% and 3% Increases
  • Domino’s: Worlds Largest Pizza Chain
Burgess Rawson in conjunction with Cameron are delighted to offer to the market the Domino’s & Independent Living Solutions at 39A & 39B Langhorne Street, Dandenong VIC for sale via Private Treaty.

The property has the following key investment highlights:

+ Dual income stream investment with renewed leases to national and international tenants.
+ Domino’s: worlds largest pizza chain with 728* stores across Australia and more than 20,000 worldwide.**
+ Independent Living Specialists (ILS): leading national medical and homecare mobility retailer with over 60 retail showrooms across Australia.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings (Domino's pays land tax)
+ Fixed, compounding 4% and 3% annual increases ensuring rental growth.
+ Sizeable 544 sqm* building area across both tenancies.
+ Valuable CBD position with 544 sqm* land area and 20m* frontage to Langhorne Street.
+ Highly desirable ‘Comprehensive Development Zone’ (CDZ2) landholding providing significant future development upside STCA.
+ Includes architect concept plans for a 7-storey, mixed use development comprising retail, office and 24 dwellings principally conforming to the Dandenong Activity Centre scheme.
+ Recent renovations to both properties (Domino’s latest corporate fit-out and ILS to modern showroom).
+ Strategically positioned with easy access to major arterials including Princes Highway, Cheltenham Road, Stud Road, Eastlink, Dandenong Bypass and Monash Freeway.
+ City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036*** with an annual economic output of $57.2 billion.****
+ Net Income: $162,326 pa* + GST (December 2024)

To be sold by Private Treaty.

*Approx
**Domino’s
*** Victoria in Future 2023
**** REMPLAN

Property ID: 504701476Last Updated: 19 Dec 2024

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