+21 Photos

SOLD

46 Princes Highway, Dandenong South, VIC, 3175

Properties / Sold / Victoria / Dandenong South

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Friday 4 October at 12 noon, on-site

Land Area

2,727 m² (*approx)

Floor Area

1364 m² (*approx)

Property Type

Industrial, Other, Retail

Terms

Renewed 5 year lease

Est. Income

$165,000 p/a

Fully Leased

Bridgestone

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2. Property Highlights

NEW 5 YEAR LEASE TO GLOBAL AUTOMOTIVE GIANT

Renewed 5 year lease from July '24
Substantial land area of 2,727m²*
National tenant of 35+ years

Aston are pleased to present 46 Princes Highway, Dandenong South for sale by Public Auction on Friday 4 October at 12 noon, on-site.

With a recently renewed 5 year lease to global automotive giant, Bridgestone, impeccable investment is offered to market for the first time in over 35+ years and has been occupied by Bridgestone for this entire period.

The features:

• Prolific landholding of 2,727m²*

• Total building area of 1,364m²*

• Renewed 5 year lease from July 2024

• Annual rent of $165,000* + GST + Outgoings

• Established tenant of 35+ years

• Tenant pays Land Tax

• Prominently located on Princes Highway within key commercial and industrial precinct

• Well maintained building surrounded by major retailers

Bridgestone Australia Ltd are Australia's biggest tyre retailer with over 330 stores nationwide, making this a once in a generation investment opportunity.

For further information please contact the team at Aston.

*approximate

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