113-119 Williams Road,
Dandenong South, VIC 3175
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
Map of 113-119 Williams Road
UNDER CONTRACT - Industrial investment with strong upside
- Solid industrial investment
- Massive rental growth opportunity
- Freehold corner position
With a long list of features, this asset will make a profitable addition to your portfolio.
Located on a corner allotment in an established and central industrial position, the property offers three roller doors and two egress points providing outstanding flexibility for the occupier. Fitted offices are in place over two levels and there is substantial power with CT Metering along with generous solar system.
The sitting tenant has a 5 x 5 year term with the current passing rent of $145,982 + GST and Outgoings considered below market ($84/m²). This provides scope for strong growth and is endorsed by the sub tenant who is paying $180,000 ($103/m²) pa which is still very conservative in todays market.
Current term expires 14/06/25, when the opportunity for a significant rental lift occurs.
Located just off Greens Road and within close proximity to Eastlink, South Gippsland Hwy & Frankston-Dandenong Road.
Enquire at www.faceyproperty.com.au to make your next move.
Located on a corner allotment in an established and central industrial position, the property offers three roller doors and two egress points providing outstanding flexibility for the occupier. Fitted offices are in place over two levels and there is substantial power with CT Metering along with generous solar system.
The sitting tenant has a 5 x 5 year term with the current passing rent of $145,982 + GST and Outgoings considered below market ($84/m²). This provides scope for strong growth and is endorsed by the sub tenant who is paying $180,000 ($103/m²) pa which is still very conservative in todays market.
Current term expires 14/06/25, when the opportunity for a significant rental lift occurs.
Located just off Greens Road and within close proximity to Eastlink, South Gippsland Hwy & Frankston-Dandenong Road.
Enquire at www.faceyproperty.com.au to make your next move.
Property ID: 504373476Last Updated: 17 Oct 2023
Facey Property -
10A EJ CourtDANDENONG SOUTH, VIC 3175
113-119 Williams Road
Dandenong South, VIC 3175
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
More properties from Facey Property -
Other properties you might be interested in based on the location and property type you are looking at.
