This property may look small but is truly worth taking a look at. This property is located in the heart of Dandenong and is walking distance to everything you need. The land area of this property is 210m with four separate offices totalling 120m each. The current tenant has a lease until early September 2019; they may negotiate a new lease & term with the successful purchaser. The property features:
* Current return is $41,987pa
* Great set up originally scoped as medical for 2 practitioners in 2003
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:
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