269-275 Centre Dandenong Road,
Dingley Village, VIC 3172

Showrooms & Large Format Retail • Hotel, Motel & Leisure • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Sutherland Farrelly - East Melbourne

43 Agnes Street
EAST MELBOURNE, VIC 3002

04183589...

269-275 Centre Dandenong Road

Dingley Village, VIC 3172

04183589...

Map of 269-275 Centre Dandenong Road

Directions

A VERY HEALTHY INVESTMENT

6 Yrs to Goodlife + Medical Centre
Income - $596,673 pa
Land - 9,345

Sutherland Farrelly is proud to offer for sale this well located long term investment opportunity in the heart of Dingley Village.

269-275 Centre Dandenong Road, Dingley Village offers the astute investor secure income to two well established tenants.

The main fitness centre lease (Goodlife Health Club) has a number of aspects that would be considered highly attractive in today's market, namely:

• Six year lease remaining with one further term of five years

• Fixed rental increases

• Land tax paid by Tenant (Fitness Centre)

Kingston Spinal Clinic

• Lease expiry March 2025

• Fixed rental increases

The subject property offers a number of key investment criteria, namely:

• Long established tenants

• High underlying land value

• Tenant has recently undertaken substantial upgrade of facilities

• Substantial car parking

The property is being offered for sale by Expressions of Interest closing
Wednesday 6 April at 4 pm.