Share this property

realcommercial.com.au
Jones Real Estate - Australia

435 Mount Dandenong Road Kilsyth, VIC 3137

Directions

435 Mount Dandenong Road,
Kilsyth, VIC 3137

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Jones Real Estate - Australia
Paul Jones
Tim Spargo
Luke Peric

Jones Real Estate - Australia

Level 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
Jones Real Estate - Australia
435 Mount Dandenong Road
Kilsyth, VIC 3137

Map of 435 Mount Dandenong Road

Directions

PRIZED INVESTMENT SECURELY LEASED TO AAA RATED ASX LISTED & BLUE-CHIP TENANT - FIRST TIME OFFERED FOR SALE IN 30 YEARS!

  • RETURNING $185,006 PER ANNUM* + +
  • ASX LISTED TENANT "AMA GROUP LTD"
  • 5 + 5 YEAR LEASE WITH 4% INCREASES
Jones Real Estate is pleased to present 435 Mount Dandenong Road & 4/2 Churchill Way, Kilsyth – For Sale by onsite Public Auction, Friday 27th November 2020 at 1pm.

Here lies the opportunity to acquire an asset with origins dating back almost a century – securely leased to a blue chip ASX listed tenant AMA Group (AMA: ASX).

Located on a major thoroughfare, Mount Dandenong Road, connecting Melbourne's inner east to outer east, nearby major occupiers including Woolworths, Coles, Aldi and other high profile corporations, the asset is primely positioned at the corner of Churchill Way – offering 68 metres of dual street exposure and the prospects of long term development potential!^

Key investment highlights include;

- A blue-chip tenanted investment opportunity, leased to leading & ASX Listed "AMA Group Ltd" trading as "Phil Munday Panel Work's" returning $185,006 per annum* plus GST & Outgoings

- Securely leased for 5 years with an optional term of 5 years together with 4% fixed annual increases

- Favourable Commercial 1 Zoning (C1Z) over 2 titles offering substantial long-term re-development potential^

- High quality modern improvements over two levels with significant exposure to Mount Dandenong Road and Churchill Way

- A site with origins dating back almost a century and the first time offered to the open market in 30 years!

- Representing a true "Set and Forget" passive investment with outstanding exposure, the highest quality lease covenant, fixed annual increases and long term development potential^

For Sale by onsite Public Auction, Friday 27th November 2020 at 1pm.

A copy of the Information Memorandum & Due Diligence Package are available upon request.

For further information or to arrange an inspection, please contact Jones Real Estate's appointed agents.

*Denotes approx..
^STCA = subject to council approval

Property ID: 503686606Last Updated: 11 Dec 2021

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Jones Real Estate - Australia

Other properties you might be interested in based on the location and property type you are looking at.