24 Langhorne St 5,156 SF 100% Leased Retail Building Dandenong, VIC 3175 For Sale

An exceptional commercial investment opportunity is now available in the vibrant heart of Dandenong. Situated at 24 Langhorne Street, this blue-chip property combines stable income generation with long-term development potential, underpinned by its prime location and Comprehensive Development Zone Schedule 2 designation.
The property features a substantial freehold land parcel measuring approximately 1,025 square meters, improved by three fully leased retail and office tenancies totaling 479 square meters of net lettable area. Complementing the income stability is the inclusion of 15 dedicated on-site car spaces—a rare offering that enhances accessibility and tenant retention.
This multi-tenanted asset delivers a current fully leased net income of approximately $198,430 per annum, supported by diversified rent contributors across established businesses. Its strategic location within Dandenong’s central commercial precinct ensures consistent pedestrian and vehicular traffic, coupled with proximity to Dandenong Plaza, public transport services, and major arterial routes, maximizing visibility and connectivity.
With the strength of its existing income stream and future potential (STCA), this asset represents an ideal acquisition for astute investors seeking a combination of security and upside in Melbourne’s burgeoning southeast growth corridor.