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2/2-6 James Street, Dandenong, Vic 3175 For Sale

2/2-6 James Street, Dandenong, Vic 3175

$290,000 - $319,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Thursday, September 24, 2026 ( See property details for 2/2-6 James Street, Dandenong, Vic 3175)

$290,000 - $319,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern two-bedroom apartment in Dandenong offering reliable income, long-term lease security, and excellent amenities for the investor.

🏡 Property Highlights

  • Secure lease with over four years remaining plus two five-year options, ensuring long-term income stability.
  • Strong annual rental increases of at least 4%, enhancing investment returns.
  • Tenant covers all outgoings including insurance and rates, reducing owner expenses.
  • Access to desirable amenities such as outdoor swimming pool and barbeque area.
  • Excellent location close to Dandenong Hospital, Market, Square, and transport links.
  • Potential yield of approximately 7.8% to 8%, ideal for yield-focused investors.

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Split System Heating / Air Conditioning
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Security Screens / Gates
  • Ensuite
  • Water tank
  • Pet-Friendly

Dandenong is a vibrant suburb offering excellent connectivity to Melbourne and surrounding areas. Key points include: proximity to major transport links, diverse shopping and dining options, access to healthcare facilities like Dandenong Hospital, a strong rental market, and ongoing development projects that enhance livability and investment appeal.

What is the condition of the apartment and its recent renovations?
The apartment is modern and well-maintained, featuring updated kitchen and living areas, with recent renovations ensuring a contemporary and functional space.
Are there any restrictions on pets within the complex?
Yes, the complex is pet-friendly, allowing residents to keep pets subject to the Owners Corporation rules.
What are the ongoing costs associated with owning this property?
Ongoing costs include Owners Corporation fees of approximately $182 per quarter, with the tenant covering all other outgoings such as insurance and rates.
Is the property suitable for short-term or holiday rentals?
This property is primarily designed for long-term investment and lease stability; short-term or holiday rentals are not specified and should be confirmed with the Owners Corporation.
What are the nearby amenities and transport options?
The apartment is conveniently located near Dandenong Hospital, Market, Square, train station, and major freeways including EastLink and Monash Freeway, providing excellent connectivity.
Are there any upcoming or planned developments in the area that could affect the property's value or noise levels? What are the specific terms of the lease, and are there any restrictions on rent increases or lease renewal? Are there any strata or Owners Corporation special levies planned or outstanding? Has the property been inspected for any structural issues or defects? Are there any zoning restrictions or easements affecting the property? What is the history of the property's maintenance and repairs? Is the property located in a flood or bushfire-prone area? Are there any planned infrastructure projects nearby that could impact the property? What are the terms and conditions of the pet policy within the complex? Are there any restrictions on modifications or renovations to the apartment?

2/2-6 James Street, Dandenong, Vic 3175 - More Details

$290,000 - $319,000

Contact Agent for Inspections

For the investor seeking an affordable, genuinely hands-off investment, this two-bedroom Quest apartment presents an opportunity well worth considering.

Returning $23,250 per annum, the apartment is secured by a lease with just over four years remaining, together with two further five-year options, providing the potential for approximately 14 years of income in total. Minimum annual rental increases of 4% make the numbers even more appealing. Best of all, the tenant pays the apartment’s outgoings, including insurance and local council and municipal rates. The owner is responsible only for land tax, where applicable, and Owners Corporation fees of approximately $182 per quarter.

The apartment features two robed bedrooms and two bathrooms, together with separate lounge and dining areas, a generous, modern kitchen with dishwasher, laundry facilities and split system heating/air conditioning. A dedicated car space is also included.

Residents and guests of the Quest complex also get to enjoy access to an outdoor swimming pool and barbeque.

Located on the corner of James Street and Princes Highway, the apartment is within easy reach of Dandenong Hospital, Dandenong Market, Dandenong Square, central Dandenong and Dandenong Train Station. EastLink, the Monash Freeway and Dandenong Bypass are also readily accessible, while Melbourne’s CBD is approximately 28 kilometres away.

Offering the potential to achieve a return of approximately 7.8% to 8%, this is a compelling proposition for the yield-focused investor, delivering a very affordable outlay, reliable income and minimal ongoing involvement.

Opportunity knocks. Secure the investment and let the lease do the work.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

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