47 Frankston - Dandenong Road Dandenong South VIC 3175

Attention owner occupiers, developers and investors. JLL are delighted to exclusively bring to the market 47 Frankston Dandenong Road, one of Dandenong's best value main road fronted freestanding opportunities with huge underlying land value.

Expressions Of Interest: Closing Wednesday December 14, at 2pm (Unless Sold Prior).

The property sits on the corner of Frankston Dandenong Road and Dandenong bypass with significant exposure to each arterial and trafficked by thousands of cars daily.

This property features:

- 5,439m2* of total land area.
- 3,266m2* Total building area.
- Extensive 60m frontage onto Frankston Dandenong Road .
- 88 metre exposure onto Dandenong Bypass.
- Highly usable improvements, including warehouse/showroom with Roller Shutter Door access and side yard area with excellent loading capabilities.
- Industrial 1 zoned offering a flexible end usage including warehousing & showrooms.
- Month to month lease in place returning circa $254,616 per annum + GST leased to Furniture Outlet. Please note a current market rental would be circa $290,000 per annum ($90 per m2) - $343,000 per annum ($105per m2).
- Corners Dandenong Bypass and Frankston Dandenong Road with thousands of cars passing daily on each road.
- Suitable for redevelopment with sketches available on request.
- Ample onsite parking.
- Located in the South East's most land constrained market, occupying one of the most premium positions.
- Best in class access, with the property have excellent position to all arterial roads.
- 2.5km to Eastlink.
- 1km to South Gippsland Highway.
- 30 mins to Melbourne CBD.
- 20 minutes to Pakenham.

Please contact the exclusive agents at JLL today for further information including section 32 and IM.

Expressions of Interest closing Wednesday December 14 at 2pm (unless sold prior).