FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 13TH DECEMBER 2023 AT 2PM
Nichols Crowder is delighted to bring to market, for the first time in 22 years 572 Frankston-Dandenong Road, Carrum Downs. These opportunities don't come around very often.
Arguably the best corner in Carrum Downs, this site boasts 5,749sqm* of prime Industrial 1 land. Fronting onto both Frankston-Dandenong Road and Lathams Road with crossovers to both. This site is adjacent to the Carrum Downs Lifestyle Centre and is only 2km* to Peninsula Link and Eastlink on/off ramps.
With a total building area of 1,707sqm* which is only 29%* site coverage, there is massive scope for developers.
Anchored with the main tenant being Bursons Automotive who are on their last 3-year lease term, the opportunities are endless. Develop, move in 3 years or land hold. You choose!
Key features include:
* Total land area: 5,749sqm*
* Total building area: 1,707sqm*
* Impressive frontage onto two main roads totalling 176m*
* Two crossovers
* Industrial 1 Zone
* Combined current rental income of $231,704 p.a.* + GST + Outgoings
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
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