182-184 Stud RoadDandenong North VIC 3175
Property Details for 182-184 Stud Rd, Dandenong North
Last Listing description (March 2022)
+ Secure 15-year lease to 2030 plus options to 2045.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.5 billion ASX-listed company and Shell's Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia's retail fuel market, with retail fuel volume up 23% in the first half of 2021**.
+ Annual CPI rent reviews.
+Impressive 360sqm convenience retail store including a Subway Restautant
+ Recent tenant-funded upgraded and refurbished to the convenience store to their latest corporate layout and design.
+ Substantial and underutilised 7,370sqm site with 65 metre frontage.
+ Strategic gateway location to Dandenong CBD and the first fuel & convenience retail site and off the Monash Freeway.
+ High exposure positioning with 28,000 vehicles passing daily***
+ Surrounded by important social infrastructure, including 13 schools in a 3km radius servicing a combined 6,844 full time students.***
+ Strategic location between Dandenong Stadium and major intersection Stud and Heatherton Roads, encompassed by McDonalds, Red Rooster and the Dandenong Club.
+ Greater Dandenong: an important and growing Melbourne suburb, forecast growth of 22% to 205,000+ people within 7 years****
+ Revitalising Dandenong Central: attracting over $1 billion in private sector investment with completion in 2031, creating 5,000 jobs, 470 new dwellings and 2,500sqm of community space.*****
+ Secure Essential Service Investment
+ Estimated Net Rent: $392,848 pa + GST.
*Viva Energy Australia
**Libertyoil.com.au
***Gapmaps
**** Greater Dandenong Council
****Development.vic.gov.au
*****
*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 182-184 Stud Rd, Dandenong North, VIC 3175
- 09 Feb 2022Sold for $8,000,000
- 17 Nov 2021Listed for Sale Price on Request
- 28 Oct 2015Sold for $5,960,000
Recent sales nearby
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About Dandenong North 3175
The size of Dandenong North is approximately 9.6 square kilometres. There are 27 parks, covering nearly 19.3% of the total area. The population of Dandenong North in 2016 was 22451 people. By 2021 the population was 22550 showing a population growth of 0.4% in the area during that time. The predominant age group in Dandenong North is 30-39 years. Households in Dandenong North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong North work in a professional occupation.In 2021, 68.70% of the homes in Dandenong North were owner-occupied compared with 68.60% in 2016.
Dandenong North has 9,325 properties. Over the last 5 years, Houses in Dandenong North have seen a 12.30% increase in median value, while Units have seen a 22.33% increase. As at 30 June 2026:
- The median value for Houses in Dandenong North is $788,645 while the median value for Units is $586,157.
- Houses have a median rent of $560 while Units have a median rent of $495.
Suburb Insights for Dandenong North 3175
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