For Sale
2/20 Langhorne Street,
Dandenong 3175, Victoria
Property details
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Agents
Entry Level Investment - Reliable Long Term Operator
Currently leased to Bestbuy Electrical on a brand new 3 Year lease.
The retail strip along Langhorne Street has seen low vacancy and offers a great tenancy mix within Dandenong Central Business District.
A true 'one-stop shop' for the locals in this area. The strip services a large residential, schooling, and sporting precinct with proximity to Dandenong Primary School, St Mary's Primary School, Dandenong Park, along with the associated Ovals and sports clubs, Dandenong Magistrates Court and Dandenong Council Library.
Located off Princess Highway & Dandenong Valley Highway and moments from both M1 & M3 (Frankston Freeway), this is as good an entry-level opportunity as one can hope for.
Noting that Melbourne's South East, one of Australia's fastest-growing catchments in terms of population growth and residential prices - now is your chance to get on board.
Property Features:
• Ideally located in a major trade precinct.
• Comprehensive Development Zone 2 - giving future upside
• New 3 Year lease (December 2022) with one further 3-year option
• Current rent $38,000 + GST + Outgoings
• Building 120m2*
• Ample adjacent customer parking
To organise an inspection and for more information, contact Ryan Trickey on 0400 380 438 or Jamie Pagourelias on 0408 868 549
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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