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Retail For Sale or For Lease found in DANDENONG, VIC 3175

INCREDIBLE GATEWAY LANDHOLDING WITH SOLI...

Investment | Retail | Development/Land

A super prime gateway landholding with secure income to KFC.
Savills is delighted to offer for sale this trophy asset underpinned by a landmark site located at 1-25 Princes Highway, Dandenong. This incredible investment is situated within the heart of the Dandenong Activity Centre, and surrounded by an abundance of high quality retailers and established amenities.
Key features if this outstanding property are as follows:
- High profile gateway site of 2,682 sq m*
- Two street frontages totalling 166.8 metres*
- Comprehensive Development Zone 2 allowing high density development with immediate height precedent of 12+ levels
- Leased to KFC with a modern restaurant
- Current net rental of $265,648 per annum*
- An outstanding position within the heart of the Dandenong Activity Centre at the cusp of the Lonsdale Street retail precinct and opposite Coles/Dandenong Market
- Close proximity to Dandenong Plaza Shopping Centre (Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi Reading Cinemas and more)
- A short walk from Dandenong Train Station, providing direct CBD access
- Excellent vehicular connectivity with easy access to both EastLink and the Monash Freeway
- Dandenong is just 35km* from the Melbourne CBD and is a thriving Activity Centre, with a recent $290m state government investment further enhancing the precinct
- The ultimate development site or landbank investment not to be missed!
The property is one of the best located sites in Dandenong and offers the opportunity to invest in a secure retail asset with massive upside potential. Accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
1-25 Princes Highway, Dandenong is For Sale by Expressions of Interest closing Wednesday 16 August at 2pm.
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266

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Price: EOI Closing Wednesday 16 August at 2pm    Building: 530m²    Land: 2682m²    Occupancy: Tenanted

LANDMARK INVESTMENT OPPORTUNITY LEASED T...

Investment | Hotel/Leisure | Retail | Offices

Savills is pleased to offer for sale this high profile investment opportunity within the heart of Dandenong's CBD, with the benefit of long-term leases to a national tenant.
Key attributes of this opportunity are:
- Outstanding opportunity to acquire 34 modern, serviced apartments in one line within a striking, 8-level mixed-use building
- Fully leased to national serviced apartment operator - Punt Hill Group
- Long term lease providing for a secure investment
- Total Building Area of 1,834sq m* (average apartment size of 53sq m*)
- Current Income: $723,236 per annum*, with rent not linked to occupancy or vacancy assuring investors of dependable annual gains
- Brand new building with strong depreciation benefits
- Favourable corner position maximising natural light and amenity
- Strong occupancy attributed to a host of lifestyle and retail amenity plus surrounding corporate headquarters
- A commanding corner position with the vibrant and bustling Dandenong central activity centre
- A high quality investment opportunity, underpinned by a long lease to a national operator!
This is an incredibly rare opportunity to invest in a superbly located commercial building, in a high growth location undergoing significant gentrification and government backed investment in Dandenong's CBD. The investment is fully leased with a secure tenant in a location that is serviced by ample retail and lifestyle amenity, presenting the savvy investor with a first class investment opportunity.
157-163 Lonsdale Street, Dandenong is for Immediate Private Sale.
For further information, please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Jesse Radisich - 0402 085 702

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Price: Immediate Private Sale    Building: 1834m²    Occupancy: Tenanted

DOMINANT TRIPLE FRONTED CBD FREEHOLD

Investment | Retail

- 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
- Ground floor offered vacant possession
- First floor leased to long standing business trading as Cardens Restaurant
- Potential fully leased income of $110,000 per annum approx.
- 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

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Price: Contact Agent    Building: 514m²    Occupancy: Tenanted

PROMINENT CORNER RESTAURANT/RETAIL SHOWROOM

Retail

This exceptional open plan, ground floor retail space offers unsurpassed exposure to all traffic entering and leaving the Dandneong CBD. Close proximity to Dandenong Market, Dandenong Plaza and surrounding office and retail developments this is a rare opportunity to secure such a prominent space for a business.
Details include:
• Self-contained ground floor area of 257sqm approx.
• Excellent corner exposure with fantastic signage potential
• High traffic location at gateway to Dandenong CBD
• Attractive lease terms
• Suit Retail, Showroom, Restaurant and More! (STCA)

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Rent: Contact Agent    Building: 514m²


OPPORTUNITY AT THE HUB!

Retail

Well presented and appointed retail space near entrance to the Dandenong Hub Arcade. Currently operating as a cafe' with commercial kitchen on one
side and travel agent on the other. This property will suit a Medical Centre and other businesses.
- Fitout options available,
- 2 car spaces on title available at $160pcm each,
- Clean and well presented,
- Call for an appointment today.

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Rent: $23,250 p.a.    Building: 80m²

LOCATED IN VANITY COURT SMALL OFFICE/RETAIL SPACE

Offices | Retail

Located in the Vanity Court Arcade is a retail/office space approx. 42m2. Features include access from both Lonsdale and Thomas Street, tiled flooring and kitchenette.
Please call Serdar Ozcetin on 0438 837 084 today to arrange an inspection.

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Rent: $880 PCM    Building: 42m²

HOT SPOT

Retail

Don't miss this rare opportunity to pick up a large retail area in the heart of Dandenong's busy CBD area. 338m2 (approx) gross building area, centrally located near Dandenong Plaza, the Drum Theatre and the Magistrates Court.
- 338m2 gross building area
- Suspended ceiling throughout
- 12m (approx) frontage to Langhorne St
- Dual front shutters
- Fantastic signage potential (STCA)
Call now and secure this fantastic opportunity.

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Rent: P.O.A.    Building: 338m²

RETAIL OPPORTUNITY IN THE CENTRE OF TOWN

Retail | Offices

Situated in a popular pocket of Dandenong close to the Plaza
- Total floor area approx 232 sqm
- Flexible lease terms
- Be quick - this one wont last long!
- 3 car spaces
*Price advertised
+ GST + Outgoings
For further information please contact:
Andrew Manos - 0425 721 222
Lan Nguyen - 0431 688 339

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Rent: $50,000 p.a.    Building: 232m²

SUBURB PRICE GUIDE

Suburb Summary - Dandenong, VIC 3175

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4400 $202 4.59%
Retail $2850 $242 8.49%
Industrial $1393 $84 6.02%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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