Unit A4/291-303 Frankston Dandenong Road Dandenong South VIC 3175

Elevate Real Estate is pleased to present this exceptional investment opportunity, featuring a long-term, reputable tenant in a prime industrial location.

Situated at the corner of Frankston-Dandenong Road and Healey Road, this location offers exceptional logistical connectivity, ensuring easy access to Melbourne's metropolitan area and key regional destinations.

The property is securely leased to Boxmax Pty Ltd, a respected Australian manufacturer renowned for producing high-quality food packaging and takeaway boxes. With a strong commitment to Australian-made solutions, Boxmax's reputation for reliability and longevity provides investors with a stable, high-performing income stream.

Investment Highlights:
-Tenant: Boxmax Pty Ltd
-Term: 3 years commencing 9th August 2024
-Options: 3 years + 3 years
-Annual Rent Review: 3%
-Annual Net Rental: $90,000 + GST + outgoings (including land tax)

Building Areas:
-Showroom/Offices: 92sqm*
-Lunchroom/Amenities: 34sqm*
-Warehouse: 632sqm*
Total Building Area: 758sqm*

Property Features:
-Front and rear pedestrian entry
-Front and side motorised roller door access
-Ground and first-floor offices + lunchroom + bathrooms
-3-phase power supply
-8 allocated car parks with full drive-around access
-Direct access to Frankston-Dandenong Road
-Fast access to Eastlink, Dandenong Bypass and M420/M1 Freeway

For further information or to arrange an inspection, contact the dedicated team at Elevate Real Estate.

Disclaimer:
*This information is for general guidance only, and all information and measurements are approximates.