Unit 23-25, 249 Lonsdale Street, Dandenong, VIC 3175

Retail | Offices | Other

For Sale $350,000 Plus GST (applicable)

  • Property ID: 407998
  • Floor Area: 63m²
  • Occupancy: Tenanted
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
EXCELLENT CASH COW - INVESTMENT WITH THREE TENANCIES ON ONE TITLE!

Ray White Commercial Oakleigh is pleased to present to market by way of private sale.

Located within the Vanity Court Arcade in the heart of the Dandenong CBD, close to the Government Services Building and the Civic Plaza Development (Council & Library).

• Total building area | 63m2 approx.
• To be sold as one
• Comprising three (3) separate premises with a current combined income of $27,278.56 per annum as follows;

Solicitor
• Total area 25m2 approx.
• Tenant since 2012
• New 3 year lease commencing 24/10/24
• 3 year option
• Income $14,740 pa

Hairdresser
• Total area 28m2 approx.
• Long term tenant since 1998
• Tenant current on a month to month lease
• Income $12,538.56 pa

Office
• 11m2 approx.
• Vacant


Ryan Amler I 0401 971 622
Jonathan On | 0479 003 122

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Dandenong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5556 $647 11.64%
Retail $5556 $182 3.27%
Industrial $3179 $145 4.57%
This is the average advertised price, rent and yield for Dandenong, VIC 3175*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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