Savills is pleased to offer 1048 - 1054 Dandenong Road, Carnegie, leased to Officeworks, offering a substantial investment opportunity with full flexibility as an Investment Hold, Reposition /Occupy or Redevelop.
Key highlights:
• Blue Chip Tenant: Leased to Officeworks
• Reversionary Upside / Short WALE: Exp Oct 26 + 1 x 5yr option - unlocking leasing and repositioning upside
• Land Rich Holding: GLA – 2,083sq m* & Site Area – 5,163sq m*
• Flexible Zoning: Favourable Commercial 1 Zone
• Major Development Upside: Opportunity for 16 levels & 200+ apartments (STCA)
• Prime Inner South-East Location: 12 kms to Melbourne CBD
*approx
(STCA) - Subject to Council Approval
For Sale via Expressions of Interest, closing at 12:00noon (AEST) on Wednesday, 29th July 2026.
Remember to mention you found this property on CommercialReady
Savills is pleased to offer 1048 - 1054 Dandenong Road, Carnegie, leased to Officeworks, offering a substantial investment opportunity with full flexibility as an Investment Hold, Reposition /Occupy or Redevelop.
Key highlights:
• Blue Chip Tenant: Leased to Officeworks
• Reversionary Upside / Short WALE: Exp Oct 26 + 1 x 5yr option - unlocking leasing and repositioning upside
• Land Rich Holding: GLA – 2,083sq m* & Site Area – 5,163sq m*
• Flexible Zoning: Favourable Commercial 1 Zone
• Major Development Upside: Opportunity for 16 levels & 200+ apartments (STCA)
• Prime Inner South-East Location: 12 kms to Melbourne CBD
*approx
(STCA) - Subject to Council Approval
For Sale via Expressions of Interest, closing at 12:00noon (AEST) on Wednesday, 29th July 2026.
Remember to mention you found this property on CommercialReady
Officeworks Carnegie, 1048-1054 Dandenong Rd, Carnegie, VIC, 3163
Step 1
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