Freehold Investment With Unrivalled Exposure | Ideal For Long-term Investment Or Owner Occupation

Description

CBRE is offering for sale 138-148 Walker Street, Dandenong featuring a significant freehold investment on the doorstep of the area’s main shopping centre and retail catchment.

The property is for sale via public on-site auction Thursday 26th February at 2:30pm (AEDT).

Commanding a dominant position along the area’s main retail and commercial corridor, the property offers an exceptional opportunity to secure a prominent landholding in one of Melbourne’s most active and rapidly growing metropolitan catchments.

Key details include:

+ High exposure two level freehold building featuring commercial and retail tenancies

+ Secure on-site car parking for 21 vehicles accessed via McCrae Street

+ Significant 1,216sqm* land size with 27m* of street frontage to Walker Street

+ Desirable ‘Comprehensive Development Zone’ (CDZ2) landholding providing future high-density office & residential development potential (STCA)

+ Valuable Dandenong CBD position, benefitting from excellent pedestrian foot traffic with direct proximity to Dandenong Plaza Shopping Centre and The Dandenong Hub Arcade

+ Set to benefit from recent announcements from The Victorian Government transforming Dandenong into a “second capital city’ via a $2 billion master plan development, delivering residential, retail, healthcare and education amenity into the area

+ Surrounded by highly accessible street parking, The Dandenong Market and close to Dandenong train station

+ Fully leased market net income of $220,930* per annum

Please contact CBRE for further information or to organise an inspection.

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.

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Contact agents
Scott Hawthorne Senior Manager
0400 861 048
Nathan Mufale Senior Director
Jing Jun Heng
0411 059 116
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Dandenong, VIC

138-148 Walker Street

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