A rare opportunity exists to purchase this two story premises located on the vibrant and bustling Langhorne Street, which also provides excellent exposure and frontage onto a beautifully landscaped and paved public area.
The ground floor of the building measuring approximately 201m2 and has been recently let to an Indian Food chain operator Jade Food products. The lease term runs from the 15/05/2019 - 14/05/2024 and includes a Five (5) Year option. Rent returns $40,200.00 ex GST Plus all normal outgoings.
First floor of the building of approximately 216m2 is currently occupied by Wing Chun Kung-Fu Academy. They recently exercised their option for a further three (3) years and from the 01/03/2019 the return will be $21,000.00 Ex GST Plus all normal outgoings.
+ Ground floor area of 201 m2 (tenanted)
+ First floor area of 216 m2 (tenanted)
+ Lonsdale Street Exposure
+ Central Dandenong
+ Rare Purchase Opportunity
+ Secure Passing Income
+ Genuine Sale
+ Close to Plaza
+ Walking distance to Dandenong Train Station
+ Adjacent to Dimmey's and other good retailers
Available now! Call to inspect and secure your new investment property!!
For more details, please email agent