46 Princes Highway, Dandenong South

auction

NEW 5 YEAR LEASE TO GLOBAL AUTOMOTIVE GIANT

***SOLD PRIOR***

Aston are pleased to present 46 Princes Highway, Dandenong South.

With a recently renewed 5 year lease to global automotive giant, Bridgestone, impeccable investment is offered to market for the first time in over 35+ years and has been occupied by Bridgestone for this entire period.

The features:

• Prolific landholding of 2,727m²*
• Total building area of 1,364m²*
• Renewed 5 year lease from July 2024
• Annual rent of $165,000* + GST + Outgoings
• Established tenant of 35+ years
• Tenant pays Land Tax
• Prominently located on Princes Highway within key commercial and industrial precinct
• Well maintained building surrounded by major retailers

Bridgestone Australia Ltd are Australia's biggest tyre retailer with over 330 stores nationwide, making this a once in a generation investment opportunity.

For further information please contact the team at Aston.

*approximate

Listing Highlights

  • Renewed 5 year lease from July '24
  • Substantial land area of 2,727m²*
  • National tenant of 35+ years

Property Details


Asset Type
Industrial Warehouse

Building Area
1,364 m2*

Price
Contact Agent