2-24 Pound Road West, Dandenong South, 384-394 South Gippsland Highway,
Dandenong, VIC 3175
Warehouse, Factory & Industrial
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
2-24 Pound Road West, Dandenong South, 384-394 South Gippsland Highway
Dandenong, VIC 3175
Map of 2-24 Pound Road West, Dandenong South, 384-394 South Gippsland Highway
FOR SALE – Dual industrial investment opportunity in Melbourne’s south-east
- Reversionary Upside
- Secure Income
- Premier Industrial Location
Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to present the opportunity to acquire two high-exposure, highway-located industrial investments superbly positioned within Melbourne’s South East.
The offering provides a rare chance to secure a large, corner site with modern improvements deriving secure income with substantial future reversion potential.
Key Investment Highlights include:
• Secure Income – Fully leased to Dulux Group and Bowen & Pomeroy, returning $1.68m p.a. with a 3.4 year WALE
• Rental Upside – Estimated 53% reversionary rental uplift to over $2.5m p.a., with uncapped rent reviews
• Premier Location – Dandenong South is one of Australia’s most sought-after industrial precincts with a vacancy rate of just 1.4%
• Rental Growth – The South East continues to outperform with 9.2% rental growth YoY, outperforming the broader Melbourne average
• Strong Fundamentals – The opportunity is heavily underpinned by underlying land value and significantly below replacement cost
• Tight Land Supply – Less than 200 ha of active land supply remains in Melbourne’s South East
*All figures approximate & as at 1 October 2025
The assets are being offered individually or in-one-line via an Expressions of Interest campaign closing 18th September 2025 at 3pm (AEST).
For further information please contact the below exclusive marketing agents.
The offering provides a rare chance to secure a large, corner site with modern improvements deriving secure income with substantial future reversion potential.
Key Investment Highlights include:
• Secure Income – Fully leased to Dulux Group and Bowen & Pomeroy, returning $1.68m p.a. with a 3.4 year WALE
• Rental Upside – Estimated 53% reversionary rental uplift to over $2.5m p.a., with uncapped rent reviews
• Premier Location – Dandenong South is one of Australia’s most sought-after industrial precincts with a vacancy rate of just 1.4%
• Rental Growth – The South East continues to outperform with 9.2% rental growth YoY, outperforming the broader Melbourne average
• Strong Fundamentals – The opportunity is heavily underpinned by underlying land value and significantly below replacement cost
• Tight Land Supply – Less than 200 ha of active land supply remains in Melbourne’s South East
*All figures approximate & as at 1 October 2025
The assets are being offered individually or in-one-line via an Expressions of Interest campaign closing 18th September 2025 at 3pm (AEST).
For further information please contact the below exclusive marketing agents.
Dandenong, 3175 demographic data
30,127
Population
$1,267 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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