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39-41 Princes Hwy 2,799 SF Office Building Dandenong, VIC 3175 For Sale
Investment Highlights
- Corner position with high exposure on Princes Highway and Robinson Street in central Dandenong.
- Dual landholding offering both functional improvements and additional open land for future expansion.
- Close proximity to major arterials, transport links, shopping centers, and amenities within a fast-growing commercial hub.
- Zoned Comprehensive Development Zone 2, supporting mixed-use, commercial, and multi-level development potential (STCA).
- Leased until May 2025 with ongoing income stream and no GST applicable under going concern provisions
Executive Summary
Two adjoining properties prominently located on the corner of Princes Highway and Robinson Street in Dandenong’s business precinct. The combined landholding provides existing improvements along with surplus land suitable for immediate commercial use or future redevelopment. Zoned Comprehensive Development Zone 2 (CDZ2), the site allows a wide mix of permissible uses, including office, residential, and medical facilities (STCA). Current leases are in place until May 1, 2025, subsequently converting to month-to-month agreements. As leased assets, the properties qualify as a going concern, with no GST applicable on sale.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,799 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,799 SF
Building FAR
0.31
Lot Size
0.21 AC
Amenities
- Courtyard
- Fireplace
- Air Conditioning
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39-41 Princes Hwy
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