Knight Frank is excited to present an exceptional opportunity to acquire a highly functional and low site coverage industrial investment in one of Melbourne’s most tightly held and strategically located precincts – Dandenong South. Positioned on a corner allotment within the established Industrial 1 Zone (IN1Z), this 1,538 sqm* property offers excellent access to key arterials including Frankston-Dandenong Road, South Gippsland Highway, and is only minutes to Eastlink and the Monash Freeway. Property Features: - Total building area: 560 sqm* - Office: 52 sqm* - Warehouse: 508 sqm* - Total land area: 1,538 sqm* - Dual street access via two motorised roller doors - Ample on-site car parking and hardstand - Clearspan warehouse with 3-phase power - Corner site providing excellent exposure and future development potential (STCA) - Low site coverage allowing for expansion Investment Highlights: - Leased to Quality Steel Australia Pty Ltd – a long-established steel wholesaler with over 30 years of industry presence - Commenced April 2024 on a 3-year lease + 3-year option - Net income: $110,946 p.a. + GST & outgoings - Annual increases: CPI Inspections by Appointment Only. Contact the exclusive agents below for more information or to arrange a private inspection. *Indicates approximately
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