70/22 Dunn Crescent Dandenong VIC 3175

Discover this fantastic little investment located in a highly sought-after location just a short distance from East Link. This industrial property offers an incredible opportunity for savvy investors looking to expand their portfolio.

The property is currently securely leased through to October 2024. Additionally, there is a two-year option available to the tenant potentially extending the tenancy through to 2026.

This property also offers numerous opportunities for value-add improvements in the future. The property includes rear roller door access and on-title car parking.

Tenancy Details:

Rental: $20,045.04pa plus GST
Lease Start: 01/11/2022
Term: Two (2) years
Lease Expiry: 31/10/2024
Further Terms: Two (2) years
Increases: CPI annually, Market at expiry

Sale Price: $495,000, 10% deposit, settle 60/90 days

-All sizes are approximate
- All figures are GST exclusive unless otherwise stated.