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249-253 Lonsdale St - Vanity Court Shopping Centre 365 SF Office/Retail Condo Unit Offered at $102,752 in Dandenong, VIC 3175
Investment Highlights
- Prominent frontage and visibility along Lonsdale Street.
- Easy access to public transport and major road networks.
- Located in the heart of Dandenong’s retail and business district.
- Suitable for a range of small businesses or professional services.
Executive Summary
The property at 249-253 Lonsdale Street, Dandenong, is a shopping arcade with first floor residential. It has dual access points from Thomas Street and Lonsdale Street. The property is situated in Dandenong’s central business district, providing strong pedestrian exposure and accessibility.
Property Facts
| Total Building Size | 18,998 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 9,494 SF |
| Property Subtype | Storefront | Lot Size | 0.31 AC |
| Building Class | C | Parking Ratio | 0.02/1,000 SF |
| Total Building Size | 18,998 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 9,494 SF |
| Lot Size | 0.31 AC |
| Parking Ratio | 0.02/1,000 SF |
Amenities
- Signage
- Storage Space
1 Unit Available
Unit 9
| Unit Size | 365 SF | Sale Type | Investment or Owner User |
| Price | $102,752 | Cap Rate | 6.44% |
| Price Per SF | $281.51 | NOI | $6,620.23 |
| Condo Use | Office/Retail | APN/Parcel ID | 9\SP25438 |
| Unit Size | 365 SF |
| Price | $102,752 |
| Price Per SF | $281.51 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.44% |
| NOI | $6,620.23 |
| APN/Parcel ID | 9\SP25438 |
Description
This ground floor retail space provides excellent exposure along Lonsdale Street in central Dandenong. The property’s layout is well-suited for small businesses, boutique retailers, or professional services.
Sale Notes
This ground-floor retail property offers an affordable entry point into the heart of Dandenong’s bustling commercial precinct. Located within the well-known Vanity Court arcade, the property provides a rare opportunity for owner-occupiers or investors seeking a compact, functional space in a high-traffic area. The shop benefits from direct exposure to Lonsdale Street, ensuring consistent visibility and foot traffic from both local shoppers and office workers.
The property is offered with vacant possession, allowing immediate occupation or customization to suit a variety of business types. Its central location places it within walking distance of key amenities, public transport, and major arterials, making it a convenient and accessible choice for businesses looking to establish a presence in a thriving retail hub.
Storefront
Interior
Interior
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249-253 Lonsdale St - Vanity Court Shopping Centre
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