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93 Cheltenham Rd 33,034 SF Industrial Building Dandenong, VIC 3175 For Sale
Investment Highlights
- Multi-tenanted industrial investment delivering diverse income streams.
- Significant main road exposure within an established industrial pocket.
- Excellent connection to arterial roads and close proximity to Dandenong Railway Station.
- Existing WALE supported by rental guarantees and future growth potential.
- Zoned Industrial 1 with adaptable warehouse and office configuration.
- Situated approximately 35 km from Melbourne CBD with strong surrounding amenities.
Executive Summary
This multi-tenanted industrial investment property at 93 Cheltenham Road presents a rare opportunity within the tightly held Dandenong industrial precinct, situated approximately 35 km south-east of the Melbourne CBD. Positioned along a prominent main road frontage, the asset is strategically located near major arterial routes and offers exceptional connectivity to commercial, retail, and residential catchments, providing strong appeal for investors seeking sustained demand.
The site spans roughly 4,779 sqm with a total lettable area of 3,069 sqm, delivering multiple income streams and stable cash flow. The property benefits from an existing WALE of approximately 1.5 years from July 2026, with passing income near $361,164 annually, and features a rental guarantee on the recently vacated warehouse segment. Additional upside exists through rental reversion opportunities in the short-to-medium term, supported by its Industrial 1 zoning and adaptable layout ideal for accommodating various tenant profiles.
This investment is further enhanced by its proximity to key transport corridors and close access to Dandenong Railway Station, ensuring both logistical convenience and long-term value growth within an area marked by continuous infrastructure and commercial expansion. This offering is currently available via Expressions of Interest closing June 25, 2026, making it an outstanding chance to secure a well-performing industrial asset in one of Melbourne’s most active logistics hubs.
The site spans roughly 4,779 sqm with a total lettable area of 3,069 sqm, delivering multiple income streams and stable cash flow. The property benefits from an existing WALE of approximately 1.5 years from July 2026, with passing income near $361,164 annually, and features a rental guarantee on the recently vacated warehouse segment. Additional upside exists through rental reversion opportunities in the short-to-medium term, supported by its Industrial 1 zoning and adaptable layout ideal for accommodating various tenant profiles.
This investment is further enhanced by its proximity to key transport corridors and close access to Dandenong Railway Station, ensuring both logistical convenience and long-term value growth within an area marked by continuous infrastructure and commercial expansion. This offering is currently available via Expressions of Interest closing June 25, 2026, making it an outstanding chance to secure a well-performing industrial asset in one of Melbourne’s most active logistics hubs.
Property Facts
| Sale Type | Investment | Rentable Building Area | 33,034 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 1.18 AC | No. Drive In / Grade-Level Doors | 4 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.18 AC |
| Rentable Building Area | 33,034 SF |
| No. Stories | 1 |
| Tenancy | Single |
| Parking Ratio | 1.27/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Mezzanine
- Signage
- Automatic Blinds
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93 Cheltenham Rd
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