Office

40-42 Scott Street, Dandenong

40-42 Scott Street Dandenong, VIC Australia 3175
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

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Property Description

EXPRESSIONS OF INTEREST NOW CLOSED


JLL Melbourne Commercial Sales are pleased to have the exclusive privilege of offering for sale an exceptional freehold investment opportunity at 40-42 Scott Street, Dandenong.

 

Key details of the opportunity include:


- Prominent two-level commercial office building plus basement car park situated within the heart of the burgeoning Dandenong Activity Centre.

- Brand new 9 year lease to highly resilient and reputable legal firm 'Macpherson Kelley Lawyers' (offices in Melb, Syd & Bris) and a government covenant.

- Immaculately fitted office space providing access to high levels of natural light and configured to suit open plan working as well as enclosed private spaces.

- Valuable corner landholding of 2,166sqm boasting substantial street frontages to Scott Street and Robinson Street, as well as multiple access points.

- Favourable Comprehensive Development Zone 2 allows for a wide range of end uses including residential, office, retail, hospitality and education (STCA).

- Strategically located in the heart of the main Dandenong activity centre, close to Dandenong Plaza, Dandenong Market and a range of retail amenity.

- Set to benefit from the $290 million Revitalising Central Dandenong initiative by the Victorian Government, with the project expected to attract more than $1 billion in private sector investment and creating and additional 5,000 jobs.

- Well serviced by a range of transport linkages including the Dandenong Train Station and Princess Highway Service Road, providing direct access to the Melbourne CBD and surrounding suburbs.

- An exceptional opportunity to acquire a securely leased long term investment within a rapidly growing pocket of Melbourne’s south-eastern suburbs.

- 5 Star NABERS Energy Rating

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

Mingxuan Li 李名  | 0498 688 998


*Approx.

Investment Highlights

·      High Profile Corner Office Building

·      Brand New 9 Year Lease

·      5 Star NABERS Energy Rating

Last Updated Date: 22 Sep 2021
Josh Rutman
Josh Rutman
Executive Director, Head of Capital Markets - Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 22 Sep 2021

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