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Public Notice - Greater Dandenong City Council Notice of Intention to Lease

Public Notice - Greater Dandenong City Council Notice of Intention to Lease

19 November 2018

City of Greater Dandenong (Council) gives notice under section 190 of the Local Government Act 1989 (Act) of its intention to enter into a lease with The Public’s Corner Group Pty Ltd ACN 616 516 100 in respect of the retail tenancy known as Shop 1, 225 Lonsdale Street, Dandenong, being the land comprised in certificate of Title Volume 11360 Folio 744 (Premises).

The principal terms of the lease will be:

1. Lease commencement 1 March 2019.
2. A term of 5 years plus two further option terms of 5 years.
3. A commencing rent of $40,000.00 per annum plus GST.
4. Rent to be increased annually by CPI on each anniversary of the commencement date during the initial lease term with a market rental review prior to the commencement of the option term. The rent will be increased by CPI annually at each anniversary of the commencement date of the option terms.
5. Other charges in respect of services are payable by the tenant.

A person may make a submission on the proposal. Any person proposing to make a submission under section 223 of the Act must do so by 5.00pm on Monday 17 December 2018 and state within their submission whether they wish to be heard before a Committee established by Council for this purpose. All submissions will be considered in accordance with section 223 of the Act.

Submissions should be addressed to the Chief Executive Officer and can be hand delivered to Council's Customer Service offices located at 225 Lonsdale Street, Dandenong or 397 Springvale Road, Springvale, or posted to the following address:

The Chief Executive Officer
City of Greater Dandenong
PO Box 200
Dandenong VIC 3175

Any person requesting to be heard in support of their submission is entitled to be heard before a Committee established by Council for this purpose or be represented by a person acting on their behalf and will be notified of the time and date of the hearing.

John Bennie PSM
Chief Executive Officer





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