220-222 Old Dandenong Rd NOW LEASED!!!!!!!!!!!!!!!!!!

Once in a lifetime opportunity exists to purchase 2 properties side by side with excellent main road exposure on Old Dandenong Road. Moorabbin Airport & major arterials are just a short drive away.

Property one is Green Wedge Zoned Schedule 2 land consisting of a substantial brick home with an in ground pool, large shedding and two very successful iconic businesses. Fruit and Vegetable market returning $154,050 and Nursery returning rent of $71,890 per year.

Property two is Green Wedge Zoned Schedule 2 land with hot houses and ample bore water which would be suitable for a market garden, flowers or any other form of agricultural business. Other developments like group accommodation, leisure and recreation facility would be STCA.
Leased for $33,000/Y + GST and outgoings

PROPERTY ONE: 212-218 Old Dandenong Road:

Land Size: 17,090m2 – 1.709ha – 4.223 acres
2 x 20 year leases
Rental Return: $225,940 + GST + outgoings
25 year businesses, Supermarket and Nursery
*Ample parking*Room to develop*Busy main road frontage

PROPERTY TWO: 220-222 Old Dandenong Road:

Land Size: 23,180m2 – 2.318ha – 5.728 acres
Leased for $33,000/Y + GST and outgoings

Total Land Size:
Land Size: 40,270m2 – 4ha Approx – 10acres Approx

Property Code: 1223