SETTING A NEW STANDARD IN URBAN LIVING
CBRE offers to the market a unique opportunity to acquire one of southeastern Melbourne's premier mixed use development sites, 285 Thomas Street, Dandenong.
The property is offered with plans and development scheme for a 12 level mixed use development featuring;
285 Thomas Street is located within the central Dandenong CBD, which is currently undergoing a $290 million state funded revitalisation of the precinct and is expected to have in excess of $1 billion invested by the private sector over the next 15 years.
The property is ideally located 100m* to Lonsdale Street retail precinct, 200m* to the Dandenong Market, 500m* from the upgraded Dandenong train station and approximately 24km* from Melbourne's CBD (45 mins by train).
For Sale through exclusive agents, CBRE - +61 3 8621 3333.
*Approximate
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 18,436 properties. Over the last 5 years, Houses in Dandenong have seen a 24.78% increase in median value, while Units have seen a 26.18% increase. As at 30 November 2025:
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