Positioned within the tightly held Dandenong South industrial precinct, this highly functional corner site presents an outstanding opportunity to secure a well leased industrial asset with strong fundamentals and long term upside.

Set on a substantial 1,555 sqm Industrial 1 Zoned landholding, the property offers a clearspan warehouse, functional office accommodation, and valuable low site coverage providing flexibility for future expansion or redevelopment potential (STCA).

Strategically located with excellent connectivity to Frankston-Dandenong Road, South Gippsland Highway, EastLink and the Monash Freeway, the property benefits from outstanding access to Melbourne’s key freight and logistics networks.

The asset is securely leased to Quality Steel Australia Pty Ltd, a well established steel wholesaler with over 30 years of industry presence, providing a stable income stream with annual CPI increases.

This is a rare opportunity to secure a quality industrial investment in one of Melbourne’s most sought after industrial locations.

Property Features

Total building area: 560 sqm
Office area: 52 sqm
Warehouse area: 508 sqm clearspan warehouse
Total land area: 1,555 sqm
Dual street access via two motorised roller doors
Ample on-site parking and hardstand
3 phase power available
Corner allotment offering excellent exposure
Low site coverage allowing future expansion potential (STCA)

Investment Highlights

Secure tenant: Quality Steel Australia Pty Ltd
Lease commenced: April 2024
Lease term: 3 years + 3 year option
Net rental income: $110,946 p.a. + GST & Outgoings
Annual rental increases: CPI