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Industrial Investment with Long Term Lease

42 Stephen Road, DANDENONG SOUTH VIC, 3175

Sold

Property Sold in 42 Stephen Road, DANDENONG SOUTH VIC, 3175

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150

Listing ID:
11347355
Status:
Sold
Price:
Contact Knight Frank your exclusive agent
Last Updated:
01/07/2019
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Property Type

Industrial/Warehouse/Industrial/Warehouse
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Land Area

2958 SQM
Icon size

Floor Area

1265 SQM
Icon parking

Parking

N/A

Industrial Investment with Long Term Lease

Located in an established industrial precinct the site provides for fantastic freeway access. It was the prime location & significant landholding that drew Safety Scaffold to the site. The multiple (11) RSDs & large yard allow stock to be moved around the facility with ease.

The new owner of the site will enjoy the benefits of a brand new 5 year lease to Safety Scaffolding.

Safety Scaffolding were established in 2002 and have been providing scaffolding services to construction industry for 17 years. The established company is securely backed by a significant security deposit equivalent to 3 months’ rent. A true set and forget investment.

Inspection will impress as the older improvements have been refurbished (including the roof) and present well.

The property is being offered For Sale via Expression of Interest Campaign closing Thursday 13 June at 4pm.

Inspections are by appointment only.

For more details, please email agent

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150


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