173 Lonsdale Street, Dandenong, VIC 3175 | Property Value & History | OnTheHouse
 
OFF MARKET

173 Lonsdale Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 169m2
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Property Details for 173 Lonsdale St, Dandenong

Building Type
Commercial
Land Size
169m2
Local Government
Greater Dandenong
Lot/Plan
2/PS516820

Last Listing description (June 2022)

FOR SALE BY DEADLINE CLOSING WEDNESDAY 8th JUNE at 2PM (Unless Sold Prior)

- 5 + 5 + 5 year lease (from July 2021) to popular multi-store eatery 'Chamman'
- Returning $48,000 per annum plus outgoings and GST

- Fully renovated ground floor shop of 150sqm*
- Highly exposed position, facing the revamped Lonsdale Street Boulevard
- Rear laneway access off Foster Street
- Excellent public car parking options nearby and a short walk to Dandenong Train Station
- Central CBD position surrounded by an abundance of multi-level office towers leased to various corporations and government departments
- With the revitalisation of the Dandenong CBD in full swing and plans for further government and private sector investment, this property presents an Ideal opportunity to acquire an impressive investment located within the heart of this well supported and growing retail and commercial precinct.

For further information contact Tom Fisher or Chris Kombi.

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Property History for 173 Lonsdale St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Listed for Rent
$67/w
08 Jan 2019
  • 06 May 2022
    Listed for Sale Contact Agent
  • 25 Oct 2018
    Listed for Sale $715,000.00 Ex GST
  • 08 Jan 2018
    Listed for Rent $3,500 / month
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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 18,523 properties. Over the last 5 years, Houses in Dandenong have seen a -0.81% decrease in median value, while Units have seen a 12.08% increase. As at 30 September 2026:

  • The median value for Houses in Dandenong is $723,677 while the median value for Units is $463,200.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 85 properties listed for sale, and 19 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 853 properties were sold in the past 12 months in Dandenong.

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