CBRE is offering for sale 53-59 Walker Street, Dandenong comprising a corner freehold office & education building with short term income and no further options, allowing for owner occupation, value-add investment or future re-development (STCA).
The property forms part of "Walker Street Trio" - a broader portfolio of opportunities including the adjoining freehold buildings, which are for sale individually or in any combination.
Key details of 53-59 Walker Street, Dandenong include:
+ Striking 2 level building of 753sqm* and excellent natural light to all areas
+ Existing class 9b occupancy permit
+ Corner landholding with triple street frontage and exposure of 57m*
+ Leased to an education operator with no further options following the current term, providing flexibility leading to a variety of future uses upon expiry
+ Surrounded by highly accessible street parking and major council car parks, 330m* to Dandenong Plaza Shopping Centre and a short walk to Dandenong train station
+ Set to benefit from recent announcements from The Victorian Government transforming Dandenong into a "second capital city" via a $2 billion master plan development, delivering residential, retail, healthcare and education amenity into the area
+ Proximate to the Dandenong Legal Precinct that is anchored by The Family Law Courts and a plethora of top tier law firms, along with institutional office buildings nearby home to The State Government's Finance Department and The ATO
+ Entrenched in a notable commercial, retail & residential hub, surrounded by national retailers along nearby Lonsdale Street, prominent corporate businesses, Government bodies, not for profit organisations and leading medical organisations
+ Strategically located at the epicentre of a superb network of major arterial roads such as Monash Freeway and Eastlink, in addition to several public transport options close by
The "Walker Street Trio" is for sale via expressions of interest individually or in any combination closing Wednesday 16th April at 2:00pm (AEST).
For further information or to organise an inspection, please contact any member of CBRE.