17/1866 Dandenong Road, Clayton
Modern Warehouse/Office – Powerhouse Rare offering of a quality property in a tightly held prestigious Industrial development on Dandenong Road…
Unique opportunity to secure a tightly held retail investment in the renowned Jackson Court precinct. With a new five (5) year lease in place, further development potential to encompass this underutilized site will guarantee future growth on your investment, taking advantage of the shortage of retail properties in the shire of Manningham. Located in a Commercial 1 zone with no height restraints will enable the future developer the opportunity to capitalize on this multiple-use site (Subject to council approval).
Key features:
– Land area 274m²*
– Building area 90m²*
– Rental $25,000 per annum net
– Lease Five (5) Years, with options: Five (5) Years + Five (5) Years
– Zoning | Commercial 1
Sales Analysis* | |
Marketing Budget | $6,866 |
Sale Method | Auction |
Marketing Period | 5 weeks |
Sale Price | $900,000 |
Sale Date | September 2015 |
Total Enquiry | 101 |
Sales Process | |
Process | Sold at Auction |
Sale Price | $900,000 |
Amount Above Reserve | $300,000 |
Yield | 2.77% |
Auction Attendance | 150 |
Modern Warehouse/Office – Powerhouse Rare offering of a quality property in a tightly held prestigious Industrial development on Dandenong Road…
Outstanding opportunity for the astute investor/developer to take advantage of the Value Add potential of this Corporate office building. Currently…