CBRE and Cameron are pleased to offer to market 102-112 Foster Street & 86-98 Thomas Street, Dandenong VIC for sale via our Investment Portfolio Auction 182.

The property has the following key investment highlights:

+ Underpinned by 12 proven tenants comprising of education, finance, retail and hospitality, providing diversified income streams.
+ Mostly secured by fixed 4% annual rent reviews.
+ Prime 1,197sqm* two-level retail and office complex, with 16 car spaces on title.
+ Significant 1,185sqm corner freehold on busy main road intersection, with expansive 70.2m* triple street frontage to busy Foster Street (with 21,900 VPD*), Thomas Street and Cheltenham Road.
+ Comprehensive Development Zone 2 (CDZ2), offering future high-density office & residential development potential (STCA).
+ Perfectly positioned next to Dandenong Station, one of Melbourne’s busiest railway stations with 1.7 million* visits annually. (1)
+ Central Dandenong CBD location with Dandenong Square (Coles, Woolworths, ALDI) & Dandenong Market both within 600m.*
+ City of Greater Dandenong: home to 164,484 residents, expected to grow by 15.4% to 189,891 by 2036. (2)
+ Net Income: $370,075 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
River Room – Crown Casino, Melbourne

* Approx
1 Melbourne on Transit
2 forecast.id