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Facey Property -

253-257 Princes Highway Dandenong, VIC 3175

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253-257 Princes Highway,
Dandenong, VIC 3175

Warehouse, Factory & Industrial

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PREMIUM INVESTMENT WITH DEVELOPMENT UPSIDE

  • Building area of approx. 2,034 m²
  • Current income $164,230 p.a. nett
  • 7 tenancies, various leases.
Gateway Industrial Development site with multi-tenanted income stream.

Offered to the market for the first time, 253-257 Princes Highway, Dandenong offers a unique opportunity to receive and maintain a multi-tenanted income whilst planning for future redevelopment.

The property consists of 7 individual tenancies, generating an income of around $166,000 p.a. nett. There are various leases in place, ranging from monthly to fixed terms. Essentially, we have 3 shops facing Princes Highway, plus a corner showroom used as a dental technician laboratory.

At the rear is a cabinet maker warehouse, with roller door access and good height. Behind the shops is a warehouse / storage area. The rear tenancies are accessed via Alexander Avenue. On site parking for 11 cars is provided.

Enquire at www.faceyproperty.com.au to make your next move.

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Property ID: 503872374Last Updated: 14 Oct 2021

Facey Property -

10A EJ Court
DANDENONG SOUTH, VIC 3175
04198712...
Facey Property -
253-257 Princes Highway
Dandenong, VIC 3175
Facey Property -
10A EJ Court
DANDENONG SOUTH, VIC 3175

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