Sutherland Farrelly is proud to offer for sale this well located long term investment opportunity in the heart of Dingley Village.
269-275 Centre Dandenong Road, Dingley Village offers the astute investor secure income to two well established tenants.
The main fitness centre lease (Goodlife Health Club) has a number of aspects that would be considered highly attractive in today's market, namely:
• Six year lease remaining with one further term of five years
• Fixed rental increases
• Land tax paid by Tenant (Fitness Centre)
Kingston Spinal Clinic
• Lease expiry March 2025
• Fixed rental increases
The subject property offers a number of key investment criteria, namely:
• Long established tenants
• High underlying land value
• Tenant has recently undertaken substantial upgrade of facilities
• Substantial car parking
The property is being offered for sale by Expressions of Interest closing
Wednesday 6 April at 4 pm.
Remember to mention you found this property on DevelopmentReady
269-275 Centre Dandenong Road, Dingley Village, VIC, 3172