Dominant Dandenong CBD Investment

• High profile CBD location opposite Dandenong Market and Palm Plaza
• Rare triple exposure to Lonsdale Street/Princes Hwy, Cleeland Street and Clow Street
• Combined street frontage of 49 metres approx
• Land area: 274m² approx
• Commanding building of 514m² approx
• Fully leased to two tenants returning $94,400 per annum approx.
• Ground floor - New 5 x 5 year lease (from 2018)
• First floor - 5 x 5 year lease (from 2017) to long standing restaurant trading as Cardens
• Flexible Zoning: Comprehensive Development Zone
• Future value add potential (stca)
• Outstanding opportunity to secure an iconic Dandenong CBD corner building in rapidly re-emerging retail and commercial precinct