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3/12 Zenith Road
Dandenong South VIC 3175
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Sold on 24 Apr 2024

3/12 Zenith Road Dandenong South VIC 3175

  • Shop & Retail
  • 91 m²
  • Sold, $535,000

TAKEAWAY THIS INVESTMENT - 6.45% RETURN

    South East Commercial & Industrial are pleased to present FOR SALE, this superb industrial cafe investment, located within the busy precinct of Dandenong South.

    INVESTMENT FEATURES INCLUDE:

    - Renewed 5 Year lease from 8 January 2023
    - Current passing rental of $35,504.34 per annum net
    - Further option to renew of 5 years
    - Annual rent reviews to CPI (with new rent to be determined in January 2024)
    - 6 Months Security

    PROPERTY FEATURES INCLUDE

    - 91sqm cafe shop front
    - 8 car spaces on title
    - Full commercial kitchen
    - Outside eating area to the front
    - Large amount of local foot traffic

    Brilliantly located, just off Frankston-Dandenong Road and Greens Road, allowing for excellent access to major arterial roads including Eastlink and the South Gippsland Hightway

    Contact us today to arrange your inspection!

    Southeast Commercial and Industrial
    Southeast Commercial and Industrial
    48/1470 Ferntree Gully Rd
    Knoxfield, VIC 3180

    Property Highlights

    Date Sold24 Apr 2024
    Sold Price$535,000
    Floor Area91 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018932187
    Category
    Last updated  23 May 2024
    Map for 3/12 Zenith Road Dandenong South VIC 3175
    Southeast Commercial and Industrial
    Southeast Commercial and Industrial
    48/1470 Ferntree Gully Rd
    Knoxfield, VIC 3180

    Property Highlights

    Date Sold24 Apr 2024
    Sold Price$535,000
    Floor Area91 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018932187
    Category
    Last updated  23 May 2024

    Co-Agents

    Megan Miles
    Megan Miles
    Southeast Commercial and Industrial
    Call
    0401 288 800
    Andrew Loudon
    Andrew Loudon
    Southeast Commercial and Industrial
    Call
    0422 618 975

    More about 3/12 Zenith Road Dandenong South VIC 3175

    3/12 Zenith Road Dandenong South VIC 3175 is categorized as Shop & Retail Property. It has a floor area of 91 m². The listing ID for this property is 2018932187.

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