157-163 Lonsdale Street, Dandenong, VIC 3175

$12,320,300

    High Yield Investment in Dandenong Central!

    34 fully furnished high yielding serviced apartments to be sold in one-line or separately.

    Designed by Hayball Architects, Arkana comprises an eight-storey building with serviced apartments, ground floor retail, office accommodation, conferencing and other facilities.

    Fully leased to hotel operator Punt Hill at a total annual income of $739,220, representing a yield of approx. 6%.

    The fixed rental costs includes annual CPI increases, rent is not linked to occupancy or vacancy, assuring investors of dependable annual gains, returns are above residential apartment rates and there are depreciation benefits from a modern building.

    Contact Tze Chan at 0468 306 552 for further information.

    BUY NOW

    Want more info?

    Sales Agents

    Tze Chan

    An honest, highly driven and enthusiastic agent, Tze Chan is an asset to those looking to sell their property for a premium price. With over seven years of experience in residential and commercial property sales, Tze brings a valuable skill set to his role as Sales and Business Development Manager at Network Pacific Real Estate. As Tze puts it “I get great satisfaction from helping clients achieve their property goals and ensuring every vendor and purchaser receives constant feedback throughout the sales process.” Fluent in Chinese (Mandarin and Cantonese) and Malay, Tze’s formula for success is built upon his exceptional communication and interpersonal skills, local market knowledge and in depth understanding of the sales process. Drawn to Network Pacific for its innovative processes and ongoing education and training, Tze has proven himself as an outstanding sales agent and experienced negotiator. Tze has a Bachelor’s Degree in Business Studies from the University of Technology Sydney and is a REIV member. Collapse

    Talk to an expert

    Whatever your real estate needs, we have the experts to guide you on your journey

    HOW CAN WE HELP YOU?