Gorman Commercial FOR SALE

565 Doncaster Road, Doncaster

auction

PREMIUM FREEHOLD INVESTMENT

Gorman Commercial has pleasure in offering this securely leased investment for your consideration. On offer is a two-level retail freehold investment leased to national architectural paint supplier, DuluxGroup.

Auction: Thursday 20th February at 12 noon on-site

Key attributes of the property include:

* Securely leased to DuluxGroup (Australia)
* Land area: 955 sqm (approx.)
* Building area: 609 sqm (approx.)
* Income: $228,093 pa net (tenant pays all outgoings including land tax)
* Lease term: 7 years (expiry 2024) plus options
* Dual street frontage + basement parking
* Ultimate investment with future development potential

The property is located on Doncaster Road in close proximity to well-known car dealerships and major retailers, as well as being in close proximity to Westfield Doncaster Shopping Centre. Well-serviced by numerous bus services and with easy access to the Melbourne CBD via the Eastern Freeway.

Open For Inspection:
Thursday: 2.30pm - 3:00pm

Please confirm your attendance to ensure the exclusive sales agents can notify you of any changes.

Gorman Commercial:
Andrew Prowse +61 418 534 076
Jonathon McCormack +61 418 835 885

Listing Highlights

  • Securely Leased to Dulux
  • Income: $228,093 pa net
  • Leased to 2024 plus options

Property Details

Asset Type
Retail
Building Area
609 m2*
Car Parking
9 spaces
Price
Contact Agent