EXCELLENT CASH COW - INVESTMENT WITH THREE TENANCIES ON ONE TITLE!
Unit 23-25, 249 Lonsdale Street, Dandenong, VIC 3175
Ray White Commercial Oakleigh is pleased to present to market by way of private sale. With three income streams, the is one not to be missed!
Located within the Vanity Court Arcade in the heart of the Dandenong CBD, close to the Government Services Building and the Civic Plaza Development (Council & Library).
• Total building area | 63m2 approx.
• To be sold as one
• Comprising three (3) separate tenancies with a current combined income of $26,555.58 per annum as follows;
Solicitor
• Total area 25m2 approx.
• Tenant since 2012
• Current lease until October 2024
• No further options
• Income $12,220.20 pa
Hairdresser
• Total area 28m2 approx.
• Long term tenant since 1998
• Tenant current on a month to month lease
• Income $11,338.56 pa
Office
• 11m2 approx.
• New 2 + 2 year lease (Jul 2023)
• Income $3,000 pa
Ryan Amler I 0401 971 622
Tom Carroll | 0410 698 033
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
For Sale
$375,000 Plus GST (applicable)