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36A Gladstone Road, Dandenong

1
$800,000-$880,000

Dual Income Investment Opportunity

36 Gladstone Road is one of the more strategic opportunities to arise in the Dandenong activity centre, located near to the main business district. The opportunity comprises a dual level mixed-use building, with a downstairs commercial space and first floor 2 bedroom apartment. It has all the features for a strong portfolio addition: • Dual income property for investors • Nearby central Dandenong district • Secure with generous onsite parking The pre-existing rental is divided between a ground floor commercial space renting for $1,959.68 per month + outgoings (lease ends 30/09/2025) and first floor apartment renting for $1,543 per month (on a periodic lease). The apartment includes an impeccably styled bathroom, well appointed kitchen, heating and cooling and a large undercover balcony. This property benefits from a central location close to Eastlink, Dandenong Plaza, and local schools, with a new shopping village being built down the road.

Principal
Sales Associate
Property information
Property ID
222P380449
Property type
Retail
Home size
220.0 sqm
Inspect
As Advertised or by Appointment
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Get to know the area.

Proudly regarded as the most multi-cultural suburb in Australia, Dandenong is located south-east of Melbourne, on the northwest bank of the lower Dandenong Creek and just a 40 minute drive from the sunny beaches of Mornington Peninsula. ‘Dandenong’ takes its name from a creek flowing from the Dandenong Ranges and is possibly a deviation of the Aboriginal word ‘Tanjenong’ meaning lofty mountain. The area offers a peaceful alternative to the hustle and bustle of Melbourne and has a central business hub, plenty of employment opportunities and the stunning Dandenong Ranges only 21.6 kms away.

Your local office.

One of the most professional and innovative real estate agencies in the region, Hockingstuart Dandenong is dedicated to delivering exceptional customer service with professionalism, integrity and outstanding results.

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Thank you for your interest in 36A Gladstone Road, Dandenong, VIC 3175. To receive a copy of the contract via email, please fill in your details below.

 

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