219 South Gippsland Highway,
Cranbourne, VIC 3977
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Facey Property -
10A EJ CourtDANDENONG SOUTH, VIC 3175
219 South Gippsland Highway
Cranbourne, VIC 3977
Detailed listing
Map of 219 South Gippsland Highway
Invest in this booming location
- Renewed 5 Year Lease - Business as usual
- Proven long term tenant
- Highway frontage
Take advantage of this substantial landholding opportunity with a strong income.
Facey Property is proud to offer this property for sale by Expression of Interest.
This substantial 4,048m² landholding provides nearly 70 metres of frontage (69.58m) to the major road, South Gippsland Highway.
Renewed lease to long-term tenant 'Cranbourne Pre-Mix & Garden Supplies' 5x5x5-year term commenced 01/07/2024, returning $235,810pa plus GST and outgoings with strong 5% annual reviews.
Set in Activity Centre Zone 1 zoning, the property boasts flexible long-term redevelopment opportunities. These include retail, office, medical, hospitality or warehousing (up to 20 metres in height), subject to council approval (STCA).
The site is also adjacent to Cranbourne Train Station, with direct public transport links.
Enquire at www.faceyproperty.com.au to make your next move.
Facey Property is proud to offer this property for sale by Expression of Interest.
This substantial 4,048m² landholding provides nearly 70 metres of frontage (69.58m) to the major road, South Gippsland Highway.
Renewed lease to long-term tenant 'Cranbourne Pre-Mix & Garden Supplies' 5x5x5-year term commenced 01/07/2024, returning $235,810pa plus GST and outgoings with strong 5% annual reviews.
Set in Activity Centre Zone 1 zoning, the property boasts flexible long-term redevelopment opportunities. These include retail, office, medical, hospitality or warehousing (up to 20 metres in height), subject to council approval (STCA).
The site is also adjacent to Cranbourne Train Station, with direct public transport links.
Enquire at www.faceyproperty.com.au to make your next move.
Property ID: 504666140Last Updated: 17 Oct 2024
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
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