Rexel takes new lease at Dandenong through Savills

Wholesale electrical supplier Rexel has agreed terms on a new lease over a showroom/warehouse facility at Dandenong in Melbourne’s south-eastern suburbs. 

The 45 Greens Road property comprises an 1,120 square metre showroom and warehouse building, located within a trade showroom complex.  

According to Savills’ director Keith Kooloos, who negotiated the deal with Tsimos Commercial’s Ron Jones, Rexel signed a five-year lease with two five-year options.  

The rental was not disclosed but believed to be circa $100,000 per annum net.  

Kooloos said the property ticked all the boxes for Rexel. 

"Rexel had several requirements including exposure in the right location for tradespeople. The new building in a trades complex on one of the south-east’s key arterials was just the right fit providing excellent client accessibility and frontage to Greens Road,’’ he said.  

The lessor is a private Melbourne family.