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SECURE SHOWROOM INVESTMENT - ASX LISTED TENANT

64 Dandenong Road West, FRANKSTON VIC, 3199

For Sale

Property for Sale in 64 Dandenong Road West, FRANKSTON VIC, 3199

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

Listing ID:
11337568
Status:
Active
For:
Sale
Last Updated:
16/03/2019
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Property Type

Retail/Showrooms/Bulky Goods
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Land Area

N/A
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Floor Area

440 SQM
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Parking

N/A

SECURE SHOWROOM INVESTMENT - ASX LISTED TENANT

Acquire this immaculately presented showroom investment securely leased to longstanding ASX listed tenant (Dulux Group).

Gorman Commercial is pleased to offer this outstanding property for sale by way of public auction to be held on Thursday 28th March at 12 noon on-site.

Key attributes of the property include:

* Income: $93,355 p.a. + GST + outgoings (land tax payable by Dulux)
* Lease term: 5 + 5 years (comm't March 2019)
* Immaculately presented showroom of 440 sqm approx.
* Longstanding tenant of 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.

Open For Inspection:
Thursday 7 March at 11.30am - 12.00pm
Thursday 14 March at 11.30am - 12.00pm
Thursday 21 March at 11.30am - 12.00pm

For more details, please email agent

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

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