Versatile Standalone Dandenong CBD Commercial Asset with 8 Basement Car Spaces
- Distinctive standalone commercial asset
- Two level multi tenanted opportunities
- Versatile, multi-use property
Cameron is pleased to offer for sale 155 Foster Street, Dandenong, a versatile freehold 557m²* commercial building within the heart of the tightly held Dandenong CBD.
Formerly the Dandenong Police Headquarters and currently occupied by Foundation House, a respected community services organisation, the property’s on-going diverse occupier appeal reflects the quality of its location, functionality and adaptability.
With prominent street exposure, extensive on-site basement car parking and a flexible two-level configuration, the building is well positioned to support a broad range of future occupier and investment outcomes. Including a range of commercial office, healthcare, education and community-based uses (STCA).
The compelling offering comes with an existing lease in place, providing purchasers with potential ‘going concern’ benefits while delivering immediate income and the flexibility to consider future occupation or investment strategies.
Situated within a rapidly expanding metropolitan catchment, the property benefits from a large and growing workforce, established community infrastructure and demand drivers that ensure long-term relevance.
Property Features:
• Well-presented freehold office building with a total floor area of 557m²* over two levels
• Prominent CBD location with major street frontage with rear laneway access
• Secure on-site parking with 8 basement car parks
• Suitable for office, healthcare, education and community-based uses (STCA)
• Immediate holding income
• Short term lease permitting the “going concern” provisions for eligible purchases
• Ability to occupy, and or lease or progressively reposition over time
• Strategically positioned within Dandenong’s established commercial precinct, surrounded by professional services, government agencies, medical operators and national retailers
• Located within close proximity to the Dandenong Legal Precinct, including the Family Law Courts and numerous leading legal firms
• Excellent connectivity via major arterial road networks including the Monash Freeway, EastLink and Princes Highway
• Convenient access to public transport, with Dandenong Train Station and major bus interchanges nearby
• Rare opportunity to secure a freehold commercial asset in one of Melbourne’s fastest growing metropolitan activity centre
*All sizes are approximate only.
