Burgess Rawson in conjunction with Cameron are delighted to offer to the market the Domino’s & Independent Living Solutions at 39A & 39B Langhorne Street, Dandenong VIC for sale via Investment Portfolio Auction 172. The property has the following key investment highlights: + Dual income stream investment with renewed leases to national and international tenants. + Domino’s: worlds largest pizza chain with 728* stores across Australia and more than 20,000 worldwide.** + Independent Living Specialists (ILS): leading national medical and homecare mobility retailer with over 20 stores across Aus. + Landlord preferred, net lease terms with tenants paying all usual outgoings (Domino's pays land tax) + Fixed, compounding 4% and 3% annual increases ensuring rental growth. + Sizeable 544 sqm* building area across both tenancies. + Valuable CBD position with 544 sqm* land area and 20m* frontage to Langhorne Street. + Highly desirable ‘Comprehensive Development’ CDZ2 providing significant development upside STCA. + Recent renovations to both properties (Domino’s latest corporate fit-out and ILS to modern showroom). + Strategically positioned with easy access to major arterials including Princes Highway, Cheltenham Road, Stud Road, Eastlink, Dandenong Bypass and Monash Freeway. + City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036*** with an annual economic output of $57.2 billion.**** + Rent: $165,321 pa* + GST (December 2024) To be sold by Investment Portfolio Auction 172 10:30am AEDT Wednesday 30 October 2024 River Room, Crown Casino, Melbourne VIC *Approx **Domino’s *** Victoria in Future 2023 **** REMPLAN
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Cameron - Head Office
3 Ordish Road, Dandenong-South, Vic
รหัสอสังหาริมทรัพย์: 504701476