Whole Site/5 Johnston Court Dandenong South VIC 3175

Knight Frank is proud to present to you a rare, low site coverage Investment Opportunity in a Prime Location in the Southeast via Expression of Interest closing Thursday the 10th of April 2025 at 4pm AEST (unless sold prior).

5 Johnston Court is located in one of the most sought-after pockets of Dandenong South providing an attractive central location in the southeast. This property is located 350 metres from the Dandenong Bypass which provides outstanding accessibility to Frankston-Dandenong Road, Princes Highway South Gippsland Highway and Eastlink.

This property is securely leased to Dandy Gas that is a well-established business (since 1985) that specialises in gas and welding equipment.

Site Key Attributes:

- 2,440sqm* Site Area
- 406sqm* Building Area
- Industrial 1 Zone (IN1Z)
- Low 17% Site Coverage
- 46 meters* of Direct Street Frontage to Johnston Court
- 3 Phase Power
- Long Term Development Opportunity (STCA)
- Modern 20kw Solar System
- Ample Off-Street Parking for Staff and Customers

Investment Highlights:

-New 5-year lease that commenced 28/2/2025
-Two Further 5-year Options with Market Reviews
-Returning $140,000 pa + GST and outgoings
-4% Annual Increases
-6-month Security
-Well Established Business Since 1985
-EOI closing Thursday the 10th of April 2025 at 4pm AEST (unless sold prior).

For more information, please don't hesitate in contacting your exclusive Knight Frank agents below.

*All sizes are approximate and boundaries indicative only.