EXODUS HOTEL & APARTMENTS PREMIUM FREEHOLD OPPORTUNITY INVEST, OCCUPY, OR DEVELOP
Dandenong

$15,500,000 - $16,500,000· (For Sale)
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- **High-Yield Potential**
- **Multiple Income Streams**
- **Set-and-Forget Investment with Growth Upside**

DOMO REAL ESTATE is excited to present 229 Thomas St, Dandenong—a standout, freehold property in the heart of Dandenong’s thriving central activity district.

This versatile, stand-alone mixed-use building with dual access presents a unique opportunity for savvy investors and developers. Whether you choose to occupy, operate as a hotel/serviced accommodation, lease as a residential investment, or subdivide and sell off as individual units (STCA), the potential is limitless.

Dandenong, Melbourne’s second-largest CBD, is experiencing a surge of activity, driven by significant investments in its revitalization. This property is strategically positioned to benefit from the area's ongoing transformation, offering exceptional connectivity to nearby amenities and services.

**Key Property Highlights:**

- **Prominent 8-Level Building:** 3,440 sqm* of modern construction, completed in 2017
- **Versatile Accommodation:** 52 residential apartments and studios ranging from 29 sqm* to 93 sqm*
- **Retail & Amenities:** Ground floor includes 2 retail shops, a reception foyer, gym, and meeting rooms
- **Parking:** 24 on-site car parks
- **Land Size:** 784 sqm*

This is a rare opportunity to secure a high-performing asset in a prime location. Take advantage of the current market dynamics—this property must be sold.

For detailed sale documents or to arrange a private inspection, please contact our commercial team:

Location

George Begala

Managing Director - Licensed Estate Agent

0412 133 906

Managing Director and Founder of DOMO, George is a highly experienced and licensed real estate agent with an impressive track record spanning over 20 years in the industry. His extensive local knowledge of the south east bayside area, coupled with a profound understanding of market fluctuations driven by economic factors, sets him apart from his peers. As a long-time resident of the south east bayside area, George possesses an intimate familiarity with the region, comparable to knowing the...

Jane Webb

Marketing Director - Licensed Estate Agent

0418 568 551

Jane is the Marketing Director at Domo and a highly regarded Licensed Estate Agent renowned for her exceptional marketing and negotiation skills. With a stellar reputation in the industry, Jane is recognized for delivering excellent service and achieving outstanding results for her clients. Jane's expertise extends beyond real estate, with a well-rounded educational background. She holds a bachelor's degree in Sociology from Melbourne University, complemented by postgraduate studies in busi...

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