Land Bank & Income Melbourne Portfolio

Three (3) prime assets offered in-one-line or separately
  • Income:
    $1,450,000.00 + GST

380 Cooper Street, Epping

  • 12,800sqm* gateway site within the booming development precinct of Northpoint Enterprise Park
  • 3,810sqm* modern single level showroom with multiple large vehicle parking areas
  • Sweeping high exposure frontage to Cooper Street & Scanlon Drive of 225m*
  • Over 46,000 vehicles past per day and forecast to increase to 59,000 vehicles per day by 2021*
  • Prestigious tenant returning $841,500* per annum + GST + Outgoings (plus 2 x 3 Year Options)
  • Leased to 2018 Mercedes-Benz retailer of the year – 3 Point Motors.
  • Highly sought-after precinct featuring a variety of retail and excellent connectivity to surrounding road networks including Hume Freeway, Western Ring Road and High Street connecting to Melbourne’s CBD (22km*)

41-53 Lonsdale Street, Dandenong

  • Unrivalled 7,939sqm* corner landholding featuring major Mitsubishi & MG Car Dealerships 3,035sqm* modern single level showroom with multiple large vehicle parking areas
  • Combined frontage to Lonsdale Street & Cooper Court of 172m*
  • Premium tenant returning $609,590* per annum + GST + Outgoings (plus 2 x 5 Year Options)
  • Leased to Grand Master Dealer Booran Motor Group with 18 Victorian dealerships
  • On the fringe of Dandenong’s City Centre which is undergoing major revitalisation driven by a $290 million Victorian Government investment and $700 million in private investment
  • A superb investment in a rapidly expanding south-eastern corridor and Australia’s largest manufacturing, innovation and technology precincts, well serviced by amenity, transport and road linkages

55-57 Lonsdale Street, Dandenong

  • Tremendous 3,349sqm* Commercial 2 Zone landholding with huge 40m* frontage to expose your business to over 35,000 vehicles per day
  • Established showroom, warehouse, wash bay area and large display yard.
  • In the heart of the car sales precinct with surrounding businesses Hyundai, Mitsubishi, Pedders Suspension, Nissan, Kia Motors, Booran Holden, Ford and Peter Stevens.
  • The preferred location for major global and national brands Amazon, L’Oreal, Woolworths, Dulux, Bunnings & Aldi
  • Strategically positioned amongst major arteries such as Frankston-Dandenong Road, Monash Freeway, South Gippsland Hwy/Fwy and Eastlink
  • Within walking distance to Dandenong CBD , Dandenong Plaza and Market and Dandenong Train Station
  • Offered vacant possession – occupy today

Offered separately or as part of the Melbourne Land Bank & Income Portfolio

For sale via public expressions of interest closing Thursday 5th December 2019 at 2.00pm

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