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243-245 Lonsdale Street & 73-77 Walker Street
Dandenong VIC 3175
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243-245 Lonsdale Street & 73-77 Walker Street Dandenong VIC 3175

  • Shop & Retail
  • 1,430 m²
  • For Sale, Price on Application

Dual Street Frontage - Exceptional Dandenong CBD Investment

    An unparalleled opportunity to acquire freehold commercial property in the heart of Dandenong's thriving CBD, offering approx. 652m² of total land area with dual street frontages to Lonsdale Street and Walker Street. With a secure rental income of $345,000 p.a. and long-term development potential (STCA), this property is ideal for investors and developers alike.

    Propery overview

    243-245 Lonsdale Street
    • Prominent Lonsdale Street frontage in a high foot-traffic location
    • Three-level premises leased to secure tenants
    • Strong existing tenancy contributing to steady rental income
    • Well-connected internally with lift access
    73-75 Walker Street
    • Two-level building with a secured lease in place
    • Currently leased, contributing to the combined rental income.

    Note: Both buildings are internally connected, offering flexibility and efficiency for tenants or future redevelopment.

    Investment Highlights:
    • Combined landholding: Approx. 652m²
    • Rental income: $345,000 per annum
    • COMPREHENSIVE DEVELOPMENT ZONE - versatile use and development scope
    • Significant future development potential (STCA) - retail, office, mixed-use or boutique residential
    • Rear access and connection between both sites
    • Excellent exposure, surrounded by national retailers, government offices, and major civic amenities

    Prime Location Benefits:
    • Located within the heart of the Dandenong Activity Centre
    • Minutes to Dandenong Plaza, Dandenong Market, train station, and arterial roadways
    • Supported by major infrastructure investment and urban renewal projects
    • Part of Greater Dandenong - one of Victoria's fastest-growing business hubs

    Act Now
    Opportunities of this scale and quality in central Dandenong are rare. With secure income in place and massive future potential, this dual-title asset is not to be missed.
    For further information Contact Nitin on 0416 417 297 OR Sunny on 0433 168 822.

    Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
    Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

    Raine & Horne Land Victoria
    Raine & Horne Land Victoria
    Se 2a, 263-329 Lorimer Street
    Port Melbourne, VIC 3207

    Property Highlights

    Floor Area1,430 m²
    Land Area652 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020012888
    Category
    Last updated  22 May 2025
    Map for 243-245 Lonsdale Street & 73-77 Walker Street Dandenong VIC 3175

    Nearest transport* to 243-245 Lonsdale Street & 73-77 Walker Street Dandenong VIC 3175

    Bus
    Train
    Walker St/Lonsdale St (Dandenong)56 m
    Langhorne Pl/Langhorne St (Dandenong)113 m
    Langhorne Pl/Langhorne St (Dandenong)132 m
    Dandenong Town Centre/Robinson St (Dandenong)271 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Raine & Horne Land Victoria
    Raine & Horne Land Victoria
    Se 2a, 263-329 Lorimer Street
    Port Melbourne, VIC 3207

    Property Highlights

    Floor Area1,430 m²
    Land Area652 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020012888
    Category
    Last updated  22 May 2025

    Co-Agents

    Nitin Kumar
    Raine & Horne Land Victoria
    Call
    0416417297
    Raine & Horne Land Victoria
    Call
    0433168822

    More about 243-245 Lonsdale Street & 73-77 Walker Street Dandenong VIC 3175

    243-245 Lonsdale Street & 73-77 Walker Street Dandenong VIC 3175 is categorized as Shop & Retail Property. It has a floor area of 1,430 m² and a land area of 652 m². The listing ID for this property is 2020012888.

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