Cameron is delighted to offer to the market the Domino’s & Independent Living Solutions at 39A & 39B Langhorne Street, Dandenong VIC for sale via Investment Portfolio Auction 172. The property has the following key investment highlights: + Dual income stream investment with renewed leases to national and international tenants. + Domino’s: world's largest pizza chain with 728* stores across Australia and more than 20,000 worldwide.** + Independent Living Specialists (ILS): leading national medical and homecare mobility retailer with over 60 retail showrooms across Australia. + Landlord preferred, net lease terms with tenants paying all usual outgoings (Domino's pays land tax) + Fixed, compounding 4% and 3% annual increases ensuring rental growth. + Sizeable 544 sqm* building area across both tenancies. + Valuable CBD position with 544 sqm* land area and 20m* frontage to Langhorne Street. + Highly desirable ‘Comprehensive Development Zone’ (CDZ2) landholding providing significant future development upside STCA. + Includes architect concept plans for a 7-storey, mixed-use development comprising retail, office and 24 dwellings principally conforming to the Dandenong Activity Centre scheme. + Recent renovations to both properties (Domino’s latest corporate fit-out and ILS to modern showroom). + Strategically positioned with easy access to major arterials including Princes Highway, Cheltenham Road, Stud Road, Eastlink, Dandenong Bypass, and Monash Freeway. + City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036*** with an annual economic output of $57.2 billion.**** + Net Income: $162,326 pa* + GST (December 2024) To be sold by Investment Portfolio Auction 172 10:30 am AEDT Wednesday 30 October 2024 River Room, Crown Casino, Melbourne VIC *Approx **Domino’s *** Victoria in Future 2023 **** REMPLAN