235-237 Thomas StreetDandenong VIC 3175
Property Details for 235-237 Thomas St, Dandenong
Last Listing description (October 2013)
Fantastic Investment in Dandenong CBD
Located in the heart of Dandenong, this property provides a fantastic opportunity to secure a fantastic investment with a long term lease.
- Secure 10 year lease
- Annual fixed 4% increases, with a market review in 2016
- Lease commemcement date 01/11/2011
- Tenant has extensive hospitality fit out
- Large restuarant and function venue
- Long term development potential with dual frontage
- Land 392sqm (approx)
Property History for 235-237 Thomas St, Dandenong, VIC 3175
- 16 Aug 2013Sold for $930,000
- 18 Jun 2013Listed for Sale 950000
- 24 Aug 2011Sold for $605,000
Recent sales nearby
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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 18,525 properties. Over the last 5 years, Houses in Dandenong have seen a 5.54% increase in median value, while Units have seen a 17.87% increase. As at 30 June 2026:
- The median value for Houses in Dandenong is $756,008 while the median value for Units is $483,696.
- Houses have a median rent of $570 while Units have a median rent of $478.
Suburb Insights for Dandenong 3175
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