16 Lanyon Street, DANDENONG SOUTH VIC

Highly Functional and Freestanding Investment

For Sale | EOI

• Brilliant position just off Greens Road

• 3 x 3 year lease to established tenant

• Excellent truck access

Facey Property is proud to offer this property for sale via an Expression of Interest, closing Tuesday, 2 June at 4:00 pm.

This high-quality industrial investment provides a secure passive income stream with strong potential for future growth. Key investment highlights include:

* Renewed 3 x 3-year lease commenced 7 March 2025
* Passing income of $133,900 per annum plus GST and outgoings
* Annual 3% reviews
* Reputable tenant, Leading Catering Equipment
* Security deposit equivalent to three (3) months’ rent (inclusive of GST) + Directors Guarantees

Property fundamentals include:
* Clearspan factory area of 963m²
* 80 amps of three-phase power
* Single-level offices of 187m²
* 6-metre-wide front electric roller door
* Excellent truck access via flat driveway
* 12 on-site car parking spaces

Conveniently positioned just off Greens Road, with excellent connectivity to Eastlink and the South Gippsland Highway.

Enquire at www.faceyproperty.com.au to make your next move.

DETAILS

LAND AREA
1665m2

BUILDING AREA
1150m2

ZONING
Industrial 1

AGENTS

Matt O’Dea
0448 566 556
matt.odea@faceyproperty.com.au

David Politakis
0448 726 313
david.politakis@faceyproperty.com.au