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Gorman Commercial Real Estate

64 Dandenong Road West Frankston, VIC 3199

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64 Dandenong Road West,
Frankston, VIC 3199

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Gorman Commercial Real Estate
Tom Maule
Stephen Gorman

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
64 Dandenong Road West
Frankston, VIC 3199

Map of 64 Dandenong Road West

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SECURE INVESTMENT LEASED TO "DULUX GROUP"

Rare opportunity to acquire this prominent corner showroom securely leased to longstanding tenant (Dulux Group).

Gorman Commercial is pleased to offer this “Set & Forget” investment for private sale.

Key attributes of the property include:

* Income: $96,155 p.a. + GST + outgoings (land tax payable by Dulux Group)
* Lease term: 5 + 5 years
* Immaculately presented showroom of 440 sqm approx.
* Dulux Group have been in occupation for 20+ years
* Excellent on-site parking and rear RSD access
* Dulux Group – leading manufacturer of premium branded products including Dulux, Selleys, Yates, Cabots, B & D’s, British Paints, Berger, Poly and Hortico

Strategically located between Frankston City Centre, Frankston Train Station, car dealerships and large format retailers. In close proximity to Eastlink, Mornington Peninsula Freeway and Nepean Highway.

Property ID: 503584734Last Updated: 22 Dec 2020

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