250 Lonsdale Street,
Dandenong, VIC 3175

Shops & Retail • Development Sites & Land • Offices

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 250 Lonsdale Street

Directions

Investment with Plenty of Upside

RENEWED 3 YEAR LEASE TO GOOD MONEY
STUNNING TENANT FITOUT
LARGE BUILDING AND LAND

AUCTION WEDNESDAY 14TH DECEMBER AT 12NOON ON SITE

Nichols Crowder is pleased to present a retail/office investment which has a great tenant, in a great location and offering great value.

This is a high yielding investment with the added benefit of plenty of future upside.

Key features include:

INVESTMENT
* Renewed 3 year lease to June 2025
* Tenant: Good Money - unlisted public company
* Current rental: $70,000 p.a plus GST and outgoings
* Land tax exempt tenant

BUILDING
* Two level office/retail building: 290sqm*
* Stand-alone building (not strata)
* Awesome fit out throughout
* Rear undercroft parking via laneway
* Huge opportunity to extend and increase income (STCA)

LAND
* Large land: 266sqm*
* Rear access via laneway
* Flexible zoning allowing for residential/office development (STCA)

For further details or to arrange an inspection please contact:

Andrew Pannam 0433 518 555
Julian Vautin 0420 406 660

OPEN FOR INSPECTION

Friday 2nd December: 12.00pm - 12.30pm
Tuesday 6th December: 12.00pm - 12.30pm
Wednesday 14th December: 11.30am - 12.00pm

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

Dandenong, 3175 demographic data

The median household income for Dandenong is $1,267, 33% lower than Greater Melbourne's household income of $1,901. Dandenong has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 53% of property owners in Dandenong have a mortgage.

30,127

Population

$1,267 per week

Median household income

33 years

Median age

Renters

Most residents

Families

Most households