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DESCRIPTION:Prime Dual Frontage CBD Freehold\nFacey Property is proud to o
 ffer this property for sale by way of Public Auction Wednesday\, 17 June\
 , at 1pm on site.\n\nThis substantial\, partly income producing freehold 
 commercial asset occupies a highly sought after ground floor position wit
 h prominent frontage to both Lonsdale Street and Walker Street. The prope
 rty benefits from existing passing income\, while the remaining levels ar
 e offered with immediate vacant possession\, providing flexibility for ow
 ner occupation\, future expansion\, or immediate business commencement. A
 dditional upper level accommodation is available if required\, further en
 hancing the asset's versatility\, future leasing potential\, and long ter
 m value.\n\nComprising two internally connected buildings with dual stree
 t frontage\, the property enjoys excellent exposure\, strong income funda
 mentals\, and longer term redevelopment upside subject to approval. Lift 
 access from Lonsdale Street services the upper levels\, improving accessi
 bility\, operational efficiency\, and overall appeal.\n\nThe combined sit
 e extends to approximately 652 square metres of land with a total buildin
 g area of approximately 1\,430 square metres across multiple levels. Oper
 ated as a single integrated holding\, the asset provides an estimated min
 imum annual income of approximately $345\,000 per annum when fully leased
 . Actual current passing rent is approximately $213\,500 PA. \n\nZoned Co
 mprehensive Development Zone (Schedule 2) and located within the Dandenon
 g Metropolitan Activity Centre\, the property supports a wide range of co
 mmercial\, mixed use\, and higher density multi storey outcomes\, subject
  to approval. Positioned moments from Dandenong Plaza\, major transport h
 ubs\, and key civic infrastructure\, this represents a compelling opportu
 nity for investors\, owner occupiers\, or land bankers within one of Melb
 ourne's fastest growing south eastern centres.\n\nEnquire at www.faceypro
 perty.com.au to make your next move\n\nTERMS: 10% Deposit\, balance 30/60
 /90 days.
DTEND:20260617T140000
DTSTAMP:20260514T065252Z
DTSTART:20260617T130000
LOCATION:243-245 Lonsdale Street\, Dandenong VIC
SEQUENCE:0
SUMMARY:Auction: 243-245 Lonsdale Street\, Dandenong VIC
UID:CRE-2020842151-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Prime Dual Frontage CBD Freehold <b
 r/> Facey Property is proud to offer this property for sale by way of Pub
 lic Auction Wednesday\, 17 June\, at 1pm on site. <br/>  <br/> This subst
 antial\, partly income producing freehold commercial asset occupies a hig
 hly sought after ground floor position with prominent frontage to both Lo
 nsdale Street and Walker Street. The property benefits from existing pass
 ing income\, while the remaining levels are offered with immediate vacant
  possession\, providing flexibility for owner occupation\, future expansi
 on\, or immediate business commencement. Additional upper level accommoda
 tion is available if required\, further enhancing the asset's versatility
 \, future leasing potential\, and long term value. <br/>  <br/> Comprisin
 g two internally connected buildings with dual street frontage\, the prop
 erty enjoys excellent exposure\, strong income fundamentals\, and longer 
 term redevelopment upside subject to approval. Lift access from Lonsdale 
 Street services the upper levels\, improving accessibility\, operational 
 efficiency\, and overall appeal. <br/>  <br/> The combined site extends t
 o approximately 652 square metres of land with a total building area of a
 pproximately 1\,430 square metres across multiple levels. Operated as a s
 ingle integrated holding\, the asset provides an estimated minimum annual
  income of approximately $345\,000 per annum when fully leased. Actual cu
 rrent passing rent is approximately $213\,500 PA.  <br/>  <br/> Zoned Com
 prehensive Development Zone (Schedule 2) and located within the Dandenong
  Metropolitan Activity Centre\, the property supports a wide range of com
 mercial\, mixed use\, and higher density multi storey outcomes\, subject 
 to approval. Positioned moments from Dandenong Plaza\, major transport hu
 bs\, and key civic infrastructure\, this represents a compelling opportun
 ity for investors\, owner occupiers\, or land bankers within one of Melbo
 urne's fastest growing south eastern centres. <br/>  <br/> Enquire at www
 .faceyproperty.com.au to make your next move <br/>  <br/> TERMS: 10% Depo
 sit\, balance 30/60/90 days.</P></body></html>
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