Case Study: 207 Lonsdale Street, Dandenong

A Successful Dual-Income Investment Opportunity!

Outstanding Market Response and Competitive Bidding

This centrally located dual-income asset generated strong engagement, with 40 enquiries leading into the auction campaign. On auction day, five active bidders competed fiercely, driving a total of 148 bids and resulting in a successful sale under the hammer. Its prime position beside civic offices and national retailers, combined with flexible ground- and first-floor spaces, appealed to investors. The result highlights sustained demand for well-located commercial assets offering immediate income and long-term growth potential.

SOLD

$2,670,000

Auction

30/10/2025 settlement date (30/01/2026)

This property delivers flexibility—occupy one space and lease the other, expand over time, or reconfigure into a single larger premises. With strong street presence, dual-level potential, and consistent foot and vehicle traffic, it represents a rare strategic investment opportunity combining immediate income with long-term growth prospects.

– Mark Bond

Property Info

On 30th October 2025 at 1:00 PM, 207 Lonsdale Street, Dandenong was successfully auctioned on-site, showcasing the strong demand for prime commercial assets in central Dandenong.

Positioned adjacent to the City of Greater Dandenong offices and flanked by laneways to the north and west, this property attracted over 145 bids during the auction. The site comprises a 471m² land parcel with a two-level building totalling 668m², surrounded by national retailers and civic offices—making it a highly versatile investment.

Shop 1: 396m² ground floor, leased to long-standing tenants on a month-to-month basis, generating $88,225 p.a. (net).
Shop 2: 272m² first-floor space, currently vacant—ideal for a studio, retail, office, or training facility, with an estimated rental of $27,000 p.a. plus outgoings.

Key Features

Zoned CDZ2 (Comprehensive Development Zone 2), offering future multi-storey development potential.
Dual access: Main street frontage plus rear entry via Kingsbury Lane.
Adjacent to Garner Lane, providing easy connectivity to Thomas Street.
On-site rear car parking.
Walking distance to Dandenong Railway Station, Dandenong Plaza, and the iconic Dandenong Market.