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46-56 Lonsdale Street, Dandenong, VIC 3175

2. Property Highlights

Landmark Kia and Nissan Car Dealership – Endless opportunities for owner occupiers, investors, and developers
  • Prime 6,466sqm INZ Landholding
  • 105m Frontage, 1km from Dandenong CBD
  • Owner Occupiers, Investors, Developers

+ Prominent 6,466sqm industrial zoned site across three separate titles

+ Irreplaceable 105m* main road exposure to Lonsdale Street (Princes Highway) carrying 42,210 vehicles passing daily.**

+ Prime CBD fringe location only 1km from Dandenong CBD.

+ Low site coverage, ample opportunities for redevelopment, expansion, or future upside (STCA).

+ Situated In the heart of the car sales precinct with surrounding businesses including Mitsubishi, Hyundai, and Ford as well as a host of other leading automotive retailers.

+ Established showroom, warehouse, wash bay area and large display yard with 66m* rear street fronting Balmoral Avenue

+ Dandenong has a booming industrial, logistics and business park precinct, with local land values up 225% since 2009.***

+ Strategically positioned with easy access to major arterials such as major arterials such as Frankston Dandenong Road, Monash Freeway, South Gippsland Highway/Freeway and Eastlink.

+ Within walking distance to Dandenong CBD , Dandenong Plaza and Market and Dandenong Train Station.

+ Surrounded by important social infrastructure, including 14 schools within 3km servicing a combined 7,248 full time students.**

+ Greater Dandenong is home to 168,201 people, supporting 98,169 jobs with an annual economic output of 40.616 billion.****

+ Approximately 18 month lease term remaining with no further options provides the ultimate flexibility to potential purchasers with short term holding income and a plethora of options including owner occupy, re leasing and or development opportunities (STCA).

+ Net income: $736,964 + GST

For Sale by Expression of Interest Closing Thursday 18 May 2023

*Approximate

**Gapmaps

***Urbis

****City of Dandenong

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3. Property Location

46-56 Lonsdale Street, Dandenong, VIC 3175

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4. Due Diligence

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46-56 Lonsdale Street, Dandenong, VIC 3175 Dandenong