Crabtrees Real Estate Senior Executive Andrew Loudon and Director Grant Tishler have brokered the sale of a main road office warehouse showroom in Dandenong for $2.7 Million in an off-market transaction.
240-242 South Gippsland Highway has a total building area of 1,043 sqm and is securely leased to Faze two Pty Ltd returning $112,800.45 pa.
“Industrial facilities of 1,000 sqm are particularly hard to come by in this market albeit vacant possession or tenanted. We reached out to our extensive database of buyers and sold it to a private investor on a 4.17% yield.” Said Andrew Loudon.
For further information please contact Andrew Loudon on 0422 618 975 or Grant Tishler on 0417 552 919.