SOLD
Sold on 23 Nov 2023 for $2,165,000

151 Lonsdale Street
Dandenong VIC 3175

Bedrooms: 1
Bathrooms: -
Car spaces: 2
Floor area: 465m2
Land area: 697m2
Sold By
Facey Property
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Property Details for 151 Lonsdale St, Dandenong

Building Type
Commercial
Floor Size
465m2
Land Size
697m2
Local Government
Greater Dandenong
Lot/Plan
1/TP549874

Last Listing description (November 2023)

SOLD today at Auction

This restaurant site has been completely transformed from its rebuild in 2022/2023. The site is securely let to Uyghur restaurant Tengri Tag on a five-and-a-half-year lease with a return of $93,000pa. The open plan building comprises of a large dining area, an excellent kitchen, a rear courtyard and a storeroom.

With excellent service road access and parking, the site is set amidst other quality retailers. It's only a few doors from Dandenong Civic Centre, Armada Dandenong Plaza, Dandenong Market and Dandenong Train Station.

It also boasts a brilliant Lonsdale Street/Princes Highway location and easy access to Eastlink and the Monash Freeway.

Watch and bid live on Anywhere Auctions. Register and follow the property to be notified when the auction goes live:
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Property History for 151 Lonsdale St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$2,165,000
23 Nov 2023
Listed for Rent
$1.34k/w
04 Sep 2013
  • 23 Nov 2023
    Sold for $2,165,000
  • 25 Oct 2023
    Listed for Sale Contact Agent
  • 17 May 2013
    Listed for Rent - Price not available
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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 17,896 properties. Over the last 5 years, Houses in Dandenong have seen a 28.07% increase in median value, while Units have seen a 16.16% increase. As at 30 September 2024:

  • The median value for Houses in Dandenong is $762,784 while the median value for Units is $423,972.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 115 properties listed for sale, and 32 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 783 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.