HIGH EXPOSURE RETAIL SHOWROOM WITH UPSIDE
Description
Frederick Property Group are delighted to offer for sale 429-431 Mt Dandenong Road, Croydon via Public Onsite Auction on Thursday 28th November at 12:00pm.
This versatile property will suit owner occupiers, investors or landbank developers.
Key property highlights include:
• 1,700sqm* of Commercial 1 zoned land
• Current configuration consists of 2 retail/showroom facilities with a combined building area of 825sqm*
• Part leased to Bottlemart with the balance vacant, providing unparalleled potential for owner occupiers, savvy investors or landbank developers
• Current rental of $61,090* p.a., with potential to increase to $150,000* p.a. once fully leased
• Over 37m* frontage to Mt Dandenong Road
• Existing warehouse building offering excellent versatility
• Surrounded by national retailers including Dan Murphy's, Woolworths, Australia Post, Bakers Delight, plus more
This versatile property will suit owner occupiers, investors or landbank developers.
Key property highlights include:
• 1,700sqm* of Commercial 1 zoned land
• Current configuration consists of 2 retail/showroom facilities with a combined building area of 825sqm*
• Part leased to Bottlemart with the balance vacant, providing unparalleled potential for owner occupiers, savvy investors or landbank developers
• Current rental of $61,090* p.a., with potential to increase to $150,000* p.a. once fully leased
• Over 37m* frontage to Mt Dandenong Road
• Existing warehouse building offering excellent versatility
• Surrounded by national retailers including Dan Murphy's, Woolworths, Australia Post, Bakers Delight, plus more
