Sign In

Register

Forgotten your Password?

Enter your email address below and we'll send instructions and a link to reset your password

SOLD

703/157 Lonsdale Street, Dandenong.

1
1
$170,000

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.

Real Estate Agent
Resources
Property information
Property ID
222P552033
Property type
Apartment
Calculate my travel time.
-
-
-
-

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.

Request for Contract.

Thank you for your interest in 703/157 Lonsdale Street, Dandenong, VIC 3175. To receive a copy of the contract via email, please fill in your details below.

 

Contact agent.

If you require more information please complete the following details

Request