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FOR SALE - $14,200,000 / 5.5% Return
JLL Melbourne Commercial Sales are pleased to have the exclusive privilege of offering for sale an exceptional freehold investment opportunity at 40-42 Scott Street, Dandenong.
Key details of the opportunity include:
- Prominent two-level commercial office building plus basement car park situated within the heart of the burgeoning Dandenong Activity Centre.
- Brand new 9 year lease to highly resilient and reputable legal firm 'Macpherson Kelley Lawyers' (offices in Melb, Syd & Bris) and a government covenant.
- Immaculately fitted office space providing access to high levels of natural light and configured to suit open plan working as well as enclosed private spaces.
- Valuable corner landholding of 2,166sqm boasting substantial street frontages to Scott Street and Robinson Street, as well as multiple access points.
- Favourable Comprehensive Development Zone 2 allows for a wide range of end uses including residential, office, retail, hospitality and education (STCA).
- Strategically located in the heart of the main Dandenong activity centre, close to Dandenong Plaza, Dandenong Market and a range of retail amenity.
- Set to benefit from the $290 million Revitalising Central Dandenong initiative by the Victorian Government, with the project expected to attract more than $1 billion in private sector investment and creating and additional 5,000 jobs.
- Well serviced by a range of transport linkages including the Dandenong Train Station and Princess Highway Service Road, providing direct access to the Melbourne CBD and surrounding suburbs.
- An exceptional opportunity to acquire a securely leased long term investment within a rapidly growing pocket of Melbourne’s south-eastern suburbs.
- 5 Star NABERS Energy Rating
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Mingxuan Li 李名 轩 | 0498 688 998
· High Profile Corner Office Building
· Brand New 9 Year Lease
· 5 Star NABERS Energy Rating