Investment
Status
Sold
Sale
Price
$32.5M
Date of
Sale
Dec '17
Day One
Distribution
9.00%
Internal Rate
of Return*
11.28%
Cash Return
(per $1)
$1.16
Term
1yr 7 mths
About Sentinel Dandenong Homemaker Trust
The Sentinel Dandenong Homemaker Trust has purchased Home Quarter Dandenong at 55-67 Frankston-Dandenong Road, Dandenong, VIC.
Home Quarter Dandenong comprises a retail homemaker centre with a total lettable area of approximately 12,052sqm (constructed in 2012) with 268 car spaces (1:46 sq m).
The subject property is located within the Victorian suburb of Dandenong, approximately 38 kilometres South East of the Melbourne CBD, in an established homemaker precinct. Located on the corner of Dandenong-Frankston Road and Dandenong Bypass, the centre benefits from exposure to approximately 54,000 cars per day (CBRE, 2016) and has potential to amend the current zoning to Commercial Zone 2 allowing for greater retail and commercial activities on the site.
Gallery
Location
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To take the next step, please call us on 07 3733 1660 or submit the form below.
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