RateMyAgentGo to search
Back 501/457 Lonsdale Street
Active

501/457 Lonsdale Street

Dandenong VIC 3175

1
1
27 m²
Apartment
Currently for sale - view listing

Overview

Affordable CBD living. Live in or invest. Cheap as chips!

WHY PAY RENT? OWN YOUR OWN HOME FOR LESS CHEAP AS CHIPS AFFORDABLE DANDENONG CBD LIVING! INCLUDING ALL FURNITURE URGENT SALE DON'T MISS THIS OPPORTUNITY Tired of paying rent with nothing to show for it? This could be your chance to stop renting and start owning with this affordable, low-maintenance studio apartment in the heart of Dandenong CBD. Offering approximately 27m² of living space, this neat one-bedroom studio represents a cheap-as-chips entry point into the property market and is ideal for first-home buyers, singles, owner-occupiers or investors. LIVE IN OR INVEST YOU CHOOSE Currently leased to the hotel, the property offers flexibility for the new owner. Investors can choose to continue with the existing leasing arrangement, while buyers looking for an affordable home can provide 30 days notice and live in. Why keep paying someone else's mortgage when you could own your own property? PROPERTY FEATURES Approximately 27m² of living space One-bedroom studio accommodation Private bathroom Low-maintenance property Option to live in or lease privately, Affordable entry into the Dandenong property market CENTRAL DANDENONG LOCATION Located in the heart of Dandenong CBD, everything you need is close by, including shopping, restaurants, Dandenong Market, Drum Theatre and local amenities. Also conveniently positioned near: Dandenong Hospital Dandenong Valley Private Hospital Dandenong South employment and industrial precinct Major shopping and retail facilities Public transport and major road connections DON'T MISS THIS ONE With affordability becoming increasingly difficult, opportunities to secure a property at this price point are becoming harder to find. Why pay rent when you could own? Whether you're looking for your first home, a simple city-base or an affordable investment, this is a cheap-as-chips opportunity that deserves your attention. Current lease details are: LEASE DETAILS Current Rent: $14,183 per annum / $272 per week The current lease is with the hotel and may remain in place, with 30 days' notice required to exit OUTGOINGS Council Rates: $377 p.a. Water Rates: $704 p.a. Owners Corporation Levies: $2,548 p.a. URGENT SALE PRICED TO SELL. Inspect now and see just how affordable owning your own property can be. For more information, please phone Mandy Fountain on 0408 103 010. Disclaimer: The information contained has been provided by the vendor or third parties. Potential purchasers are advised to conduct their own independent enquiries and due diligence to verify its accuracy, including the lease terms, outgoings and suitability of the property for their intended use. We do not accept responsibility for its accuracy and do no more than pass it on.

Features

1 bedroom
1 bathroom
27 m² floor area
Apartment

Happy sellers in Dandenong

83%
83% of sellers in Dandenong reported that their sale price either exceeded or met their price expectations.

Dandenong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 117 reviews in Dandenong over the last 12 months.

Local market activity for 1 bedroom apartments in Dandenong

In the last 12 months, 19 one-bedroom apartments similar to 501/457 Lonsdale Street, have been sold.

This represents a 48% increase in one-bedroom apartments sales when compared to the previous 12 months.

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap