Rare, High Yielding Metro Freehold | Booming Dandenong CBD Retail Precinct

  • 1,185sqm* corner landholding
  • Prime 1,197sqm* two level building
  • Diversified income streams

Cameron. is pleased to offer to the 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 2026
River Room – Crown Casino, Melbourne

* Approx
1 Melbourne on Transit
2 forecast.id


Contact Agent

Matthew French
Matthew French

Sales & Leasing Consultant


Property Information

For Sale by Auction
Floor Area1,197m²
Land Area1,185m²
CategoryRetail
AvailabilityTenanted

Auction Details

Wednesday, 25 February 2026
1:30 PM