SoldAug 20, 2025

703/157 Lonsdale Street, Dandenong, VIC, 3175

$170,000

1
1

Apartment

30+ days on the market

Sold: Aug 20, 2025

What's around 703/157 Lonsdale Street

Prime investment opportunity – Hotel room in the heart of Dandenong

High returns | Low maintenance | Prime location Looking to grow your portfolio with a secure, hands-off investment? This fully managed hotel room in the thriving hub of Dandenong offers a rare combination of strong rental returns, minimal upkeep, and long-term stability – all in one of Melbourne's fastest-growing suburbs. Investment Highlights: - Gross rental return: $16,276 per annum – 8.6% yield - Truly passive income - Professionally managed through the hotel – set and forget with confidence. Property features: - Fully furnished hotel room with built-in robes - Kitchenette complete with bar fridge, microwave, and ample storage - Private bathroom with separate shower, toilet, and basin - Reverse-cycle air conditioning and heating - Secure building with 24/7 access - On-site laundry facilities Location benefits: - Walking distance to Dandenong Train Station, Plaza, Drum Theatre, and multicultural Market - Close to excellent transport links and just 9km from Casey Arc, Bunjil Place, and Westfield Fountain Gate - Surrounded by cafes, restaurants, retail outlets, and entertainment – all within easy reach. This is a solid, low-risk investment ideal for those seeking a stable passive income without the hassle. Opportunities like this don't last long. Enquire today to learn more or arrange a private inspection.

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