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291 Frankston-Dandenong Rd 1,668 SF Retail Condo Unit in Dandenong South, VIC 3175
Executive Summary
3-5 Healey Rd comprises industrial strata units of approximately 1,406 m² located within Dandenong South’s established industrial precinct. The tenancy offers clear-span warehouse space, dedicated on-site parking, and appropriate zoning under Industrial 1. Existing LMCT permit approvals support automotive-related occupancy. The property is positioned to facilitate efficient logistics with proximity to major road connections, including Eastlink, Monash Freeway, and the South Gippsland Highway.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | CM\PS300147 |
| Sale Type | Investment |
| APN/Parcel ID | CM\PS300147 |
Description
Unit 12 at 291 Frankston-Dandenong Road is part of a modern business complex in the heart of the Dandenong South industrial district. This 155 m² strata-titled property offers practical design features including a rear roller door for service access and eight dedicated on-title car spaces, providing exceptional convenience for staff and customers.
Positioned within a high-demand commercial precinct, this property benefits from its association with a growing business community and excellent connectivity to major arterial roads. Zoned for industrial use, the building is adaptable for a wide range of applications, making it a robust and versatile addition for both investors and owner-occupiers seeking a long-term foothold in an established area.
Positioned within a high-demand commercial precinct, this property benefits from its association with a growing business community and excellent connectivity to major arterial roads. Zoned for industrial use, the building is adaptable for a wide range of applications, making it a robust and versatile addition for both investors and owner-occupiers seeking a long-term foothold in an established area.
Sale Notes
An outstanding investment opportunity awaits with Unit 12 at 291 Frankston-Dandenong Road, fully leased to an established hospitality operator – Café Emporium. Spanning 155 m² and including eight titled car spaces, this property combines secure income with strategic positioning in Dandenong South’s thriving commercial district.
Currently occupied under a seven-year lease commencing in 2024, the tenancy returns $62,400 per annum with a scheduled rental increase in August 2026 to $64,896 per annum, delivering a circa 6.24% return to the purchaser. With options in place, this long-term arrangement guarantees stability and income growth for savvy investors.
The property includes rear roller door access for practicality, professional presentation, and excellent exposure within a premium business hub. Strategically located with direct links to major arterials including EastLink and the South Gippsland Freeway, this asset aligns strong fundamentals with enduring tenant demand. Offered for sale now, this is the perfect opportunity to secure a high-performing investment in a key growth corridor.
Currently occupied under a seven-year lease commencing in 2024, the tenancy returns $62,400 per annum with a scheduled rental increase in August 2026 to $64,896 per annum, delivering a circa 6.24% return to the purchaser. With options in place, this long-term arrangement guarantees stability and income growth for savvy investors.
The property includes rear roller door access for practicality, professional presentation, and excellent exposure within a premium business hub. Strategically located with direct links to major arterials including EastLink and the South Gippsland Freeway, this asset aligns strong fundamentals with enduring tenant demand. Offered for sale now, this is the perfect opportunity to secure a high-performing investment in a key growth corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12 | 1,668 SF | Retail | Upon Request | - |
Unit 12
| Unit Size |
| 1,668 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 12
| Unit Size | 1,668 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | CM\PS300147 |
| Description | |
| Unit 12 at 291 Frankston-Dandenong Road is part of a modern business complex in the heart of the Dandenong South industrial district. This 155 m² strata-titled property offers practical design features including a rear roller door for service access and eight dedicated on-title car spaces, providing exceptional convenience for staff and customers.<br> <br> Positioned within a high-demand commercial precinct, this property benefits from its association with a growing business community and excellent connectivity to major arterial roads. Zoned for industrial use, the building is adaptable for a wide range of applications, making it a robust and versatile addition for both investors and owner-occupiers seeking a long-term foothold in an established area.</li></ul> | |
| Sale Notes | |
| An outstanding investment opportunity awaits with Unit 12 at 291 Frankston-Dandenong Road, fully leased to an established hospitality operator – Café Emporium. Spanning 155 m² and including eight titled car spaces, this property combines secure income with strategic positioning in Dandenong South’s thriving commercial district.<br> <br> Currently occupied under a seven-year lease commencing in 2024, the tenancy returns $62,400 per annum with a scheduled rental increase in August 2026 to $64,896 per annum, delivering a circa 6.24% return to the purchaser. With options in place, this long-term arrangement guarantees stability and income growth for savvy investors.<br> <br> The property includes rear roller door access for practicality, professional presentation, and excellent exposure within a premium business hub. Strategically located with direct links to major arterials including EastLink and the South Gippsland Freeway, this asset aligns strong fundamentals with enduring tenant demand. Offered for sale now, this is the perfect opportunity to secure a high-performing investment in a key growth corridor.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,134 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 15,134 SF |
| Property Subtype | Warehouse | Lot Size | 1.89 AC |
| Building Class | C |
| Total Building Size | 15,134 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 15,134 SF |
| Lot Size | 1.89 AC |
Amenities
- Automatic Blinds
- Storage Space
1 1
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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291 Frankston-Dandenong Rd
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