a landmark investment opportunity with long lease...2017/06/08  · • outstanding opportunity to...

LONSDALE STREET

FOST

ER ST

REET

A L A N D M A R K

Investment Opportunity with Long Lease

T O N AT I O N A L T E N A N T

A R K A N A – 1 5 7 - 1 6 3 L O N S D A L E S T R E E T, D A N D E N O N G

For Sale B Y E X P R E S S I O N S O F I N T E R E S T C L O S I N G W E D N E S D AY 5 J U LY AT 2 P M .

• Outstanding opportunity to acquire 34 modern, serviced apartments in one line within a striking, 8-level mixed-use building

• Fully leased to national serviced apartment operator – Punt Hill Group

• Long term lease providing for a secure investment

• Total Building Area of 1,834sq m* (average apartment size of 53sq m*)

• Current Income: $723,236 per annum*, with rent not linked to occupancy or vacancy assuring investors of dependable annual gains

• Brand new building with strong depreciation benefits

• Favourable corner position maximising natural light and amenity

• Strong occupancy attributed to a host of lifestyle and retail amenity plus surrounding corporate headquarters

• A commanding corner position with the vibrant and bustling Dandenong central activity centre

• A high quality investment opportunity, underpinned by a long lease to a national operator!

Arkana - 157-163 Lonsdale Street, Dandenong

A H I G H Y I E L D I N G investment opportunity

W I T H A

long-term lease T O N A T I O N A L T E N A N T !

*Approx.

JULIAN HEATHERICH 0412 995 655

jheatherich@savills.com.au

Disclaimer: This information is general information only and is subject to change without notice. No representation or warranties of any nature whatsoever are given, intended or implied. Savills will not be liable for any omissions or errors. Savills will not be liable, including for negligence, for any direct, indirect, special, incidental or consequential losses or damages arising out of or in any way connected with use of any of this information. This information does not form part of or constitute an offer or contract. You should rely on your own enquiries about the accuracy of any information or materials. All images are only for illustrative purposes. This information must not be copied, reproduced or distributed without the prior written consent of Savills.

BENSON ZHOU 周文旭 0458 488 888

bzhou@savills.com.au

JESSE RADISICH 0402 085 702

jradisich@savills.com.au

1 5 7 - 1 6 3

LonsdaleStreet

DANDENONG TRAINSTATION

DANDENONGPARK

PRINCES HIGHWAY

THOM

AS ST

REET

FOSTER STREET

CHELTENHAM ROAD

LONS

DALE

STRE

ET RE

TAIL

PREC

INCT

DANDENONGCBD

Outlines indicative only

For SaleB Y E X P R E S S I O N S O F I N T E R E S T C L O S I N G Wednesday 5 July at 2pm