229 Thomas Street, Dandenong, VIC 3175 | Property Value & History | OnTheHouse
OFF MARKET

229 Thomas Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: 42
Land area: 777m2
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Property Details for 229 Thomas St, Dandenong

Building Type
Commercial
Land Size
777m2
Local Government
Greater Dandenong
Lot/Plan
1/PS425823

Last Listing description (June 2022)

Located within the heart of Dandenong's CBD is this multi-purpose facility measuring 440 m2; which would be ideal for a variety of uses including but not limited to an office, restaurant, reception hall or gym; subject to council approval (STCA). This facility is highly versatile with partitions being customisable to suit your business' requirements!

This vacancy represents a rare opportunity for businesses as property is tightly held on Thomas Street, whereby several businesses are enjoying the success of being positioned on such a busy and thriving street with so many amenities nearby. So get in quick to inspect and secure your new multi-purpose facility!

Property Features:

+ Office area of 440 m2
+ Secure first floor above City Edge Hotel reception
+ Heavy foot traffic on Thomas Street (Afghan Bazaar)
+ Dandenong CBD location with close proximity to the City Edge Hotel, Dandenong Council, Dandenong Railway Station, Dandenong Plaza, Dandenong Market and several other businesses
+ Versatile floor layout options
+ Lifts and stair access
+ 4 carparks on title

Available immediately! Call now to inspect and secure your new office!
Aidan Boyd 0478 770 903
Martin Henriksen 0433 890 018

Property History for 229 Thomas St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Listed for Rent
$99k/w
14 Aug 2020
  • 31 Mar 2023
    Listed for Sale $14,000,000
  • 12 Nov 2020
    Listed for Rent $80,000 / month
  • 28 Aug 2019
    Listed for Rent $99,000 / week
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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of 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 18,435 properties. Over the last 5 years, Houses in Dandenong have seen a 22.19% increase in median value, while Units have seen a 23.88% increase. As at 31 January 2026:

  • The median value for Houses in Dandenong is $805,248 while the median value for Units is $480,517.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 77 properties listed for sale, and 38 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 963 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.