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