274 Thomas StreetDandenong VIC 3175
Property Details for 274 Thomas St, Dandenong
Last Listing description (October 2023)
Cameron and Colliers are proud to offer for sale the tenanted investment, 274 Thomas Street, Dandenong.
Located in the heart of Dandenong's CBD and within proximity to Eastlink and Monash Freeway, this is an excellent opportunity to secure this tightly-held office complex on the corner of Thomas and Scott Street.
With 4 secure tenancies, Shine Lawyers, Tax Tree Accountants, Vista Tax, and Period Style Furniture, the property currently returns $230,000 pa + GST & Outgoings.
Key Property Features:
- Total building area of 1,394sqm (split over 3 levels and including the basement with 20 car parks)
- Investment opportunity to build your portfolio
- Prime corner location with copious passing traffic
- Comprehensive Development Zone - Schedule 2
- Walking distance to Dandenong train station
- Excellent arterial access
- Massive rental upside
Contact the agents now to view the Information Memorandum including tenancy details.
Property History for 274 Thomas St, Dandenong, VIC 3175
- 07 Feb 2024Sold for $3,800,000
- 20 Mar 2023Listed for Sale $4,200,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/mb3x6qxprmi63apxhpd6utw5we?signature=83c6a6185d11196c4cf738b7726c901363ef4d03c7f94334b5d7fba6f2c88a05){kind=logo}
0/assets/perm/mjer4fyamqi6voxpep7hobonye?signature=c9176f2b7eef981bf86960dbd60978aa6acdca7199060c21e55f5199a904c753){kind=logo}
0/assets/perm/mufg2a4ab4i63gfpe7qnnv5ewy?signature=402a737079c23030e5df06e9e9c00f9d3f1e1e9f9a3552aed573fc9a59feb08d){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 18,065 properties. Over the last 5 years, Houses in Dandenong have seen a 27.24% increase in median value, while Units have seen a 18.43% increase. As at 31 October 2024:
- The median value for Houses in Dandenong is $777,901 while the median value for Units is $427,559.
- Houses have a median rent of $530 while Units have a median rent of $450.
Suburb Insights for Dandenong 3175
Market Insights
Dandenong Trends for Houses
N/A
N/A
View TrendN/A
N/A
Dandenong Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
