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News release


Tatts sale

2 Monterey Road, Dandenong South

MELBOURNE, 15 OCTOBER 2012 – A rare warehouse on 1.8 ha of land at 2 Monterey Road, Dandenong South has sold off-market to Concept Plastics.

Jones Lang LaSalle’s Andrew O’Connell negotiated the sale on behalf of Tatts Group for $5.344 million with vacant possession.
Prominently located on the corner of Frankston-Dandenong Road, within close proximity to Eastlink, the 3,020sqm warehouse includes approximately 1ha of undeveloped land. Planning is currently underway to add to the site.
Mr O’Connell said, “The property basically sold itself due to its highly sought-after main road location. It is rare that buildings with additional land fronting Frankston-Dandenong Road are available.”