FOR SALE
$375,000 Plus GST (applicable)

Unit 23-25/249 Lonsdale Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 63m2
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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. With three income streams, the is one not to be missed!
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 tenancies with a current combined income of $26,555.58 per annum as follows;
Solicitor
• Total area 25m2 approx.
• Tenant since 2012
• Current lease until October 2024
• No further options
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Property Details for Unit 23-25/249 Lonsdale St, Dandenong

Building Type
Commercial
Floor Size
63m2

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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of total area. The population of Dandenong in 2011 was 24,919 people. By 2016 the population was 29,910 showing a population growth of 20.0% in the area during that time. The predominant age group in Dandenong is 20-29 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation. In 2011, 42.8% of the homes in Dandenong were owner-occupied compared with 39.7% in 2016.

Dandenong has 17,947 properties.

    There are currently 121 properties listed for sale, and 28 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 756 properties were sold in the past 12 months in Dandenong.

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    Ryan Amler
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