207 Lonsdale Street, DANDENONG VIC 3175

Dual Income Opportunity

High-Exposure Freehold in the Heart of Dandenong – Auction Thursday, 30th Oct 2025 at 1:00 PM (On-Site)

Facey Property is excited to present this outstanding commercial opportunity, two tenancies with a total lettable area of 668m², perfectly positioned in the centre of Dandenong’s thriving retail and business district. Surrounded by well-known national retailers and civic offices, this versatile asset offers immediate income and future upside.

Shop 1: 396m² ground floor, leased to long-standing tenants on a month-to-month basis, returning $88,225pa (net).
Shop 2: 272m² first-floor space, vacant and ready for occupation. Ideal for a studio, first-floor retail, office, or training use, with an estimated rental of $27,000pa plus usual outgoings.

Perfect for owner-occupiers, investors, or developers, this property offers strong holding income, excellent exposure, and space to grow.

Main property features include:
Total land size: 471m²
Zoned CDZ2 (Comprehensive Development Zone 2), future multi-storey potential
Dual access: main street frontage plus rear Kingsbury laneway entry
Adjacent to Garner Lane, providing easy through access to Thomas Street
On-site rear car parking
Both premises incl A/C, male & female amenities, lunchroom & storage areas
Walking distance to Dandenong Railway Station, Dandenong Plaza & renowned Dandenong Market
Neighbours City of Dandenong civic offices, Monash Health – unbeatable central location
Fully let income expectation approx. $115,000pa

This property offers the flexibility to occupy one space and lease the other, expand over time, or reconfigure into a single larger premises to suit your business needs.

A rare chance to secure a strong street presence, dual-level potential, and consistent foot and vehicle traffic, this is a strategic investment offering both immediate income and long-term growth potential.

AUCTION TERMS: 10% Deposit, balance 30/45 days.

Enquire at www.faceyproperty.com.au to make your next move.