165-169 Thomas StreetDandenong VIC 3175
Property Details for 165-169 Thomas St, Dandenong
Last Listing description (January 2023)
GSO Dandenong is a premium and modern 8-level A-Grade office building 98% leased to the Victorian State Government until 2032 providing a long 10-year WALE and securing income stream to the strongest rates tenant covenant.
GSO Dandenong is centrally located in the capital of Melbourne's south-east and highly connected adjoining Dandenong Train Station and other key surrounding major infrastructure.
GSO Dandenong was recently built by world leading developer and architects featuring high ESG credentials and superior tenant amenity including expansive end of trip facilities, abundance of natural light with floor to ceiling height windows and large outdoor terrace.
Key features of the property include:
A-Grade office Investment
Net Lettable Area: 15,071 sqm
Flexible office floor plates ranging from 1,906 to 2,208 sqm
204 car spaces
Long WALE of 10 years
100% office occupancy, leased to Victorian State Government
High ESG credentials: 5.5 Star NABERS Energy Rating, 6.0 Star NABERS Water Rating, and 6.0 Star Green Star Rating
Strong fixed income growth of 3.50% per annum
Premium building services
Excellent End of Trip facilities
This is an unprecedented Melbourne investment opportunity of the highest calibre.
A 100% freehold interest in GSO Dandenong is being offered for sale exclusively by Knight Frank via International Expressions of Interest closing Wednesday, 30 March 2022 at 2pm (AEDT).
Note: All figures are approximate only.
Property History for 165-169 Thomas St, Dandenong, VIC 3175
- 27 May 2022Sold
- 23 Feb 2022Listed for Sale Contact Agent
- 09 Jan 2020Listed for Rent $44,900 / year
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About Dandenong 3175
The size of Dandenong is approximately 11.3 square kilometres. There are 22 parks, covering nearly 16.6% of the total area. The population of Dandenong in 2016 was 29906 people. By 2021 the population was 30127 showing a population growth of 0.7% in the area during that time. The predominant age group in Dandenong is 30-39 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation.In 2021, 43.10% of the homes in Dandenong were owner-occupied compared with 39.70% in 2016.
Dandenong has 18,519 properties. Over the last 5 years, Houses in Dandenong have seen a 3.55% increase in median value, while Units have seen a 12.58% increase. As at 31 July 2026:
- The median value for Houses in Dandenong is $747,409 while the median value for Units is $474,259.
- Houses have a median rent of $570 while Units have a median rent of $480.
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