## 165-169 Thomas Street 

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#  165-169 Thomas Street

Dandenong, VIC

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Sustainability ratings

5.5 stars

NABERS Energy

5.5 stars

NABERS Water

5.0 stars

NABERS Indoor

Location

Centrally located in Dandenong, a growing major urban centre 30 kilometres south-east of Melbourne, the asset is well positioned for transport and retail amenities being approximately 400 metres from both the Dandenong railway station and regional shopping centre Dandenong Plaza.

Description

Constructed in 2011, the asset offers 15,071 sqm of quality accommodation with ground floor retail, seven floors of A-grade office space and secure basement parking for 204 vehicles. The building has high sustainability credentials with NABERS Energy, Water and Indoor Environment ratings at or above 5 stars.

Amenities

![](https://growthpoint.com.au/sites/default/files/2020-03/trip.svg) End of trip

![](https://growthpoint.com.au/sites/default/files/2020-03/parking.svg) Parking

![](https://growthpoint.com.au/sites/default/files/2020-03/transport.svg) Nearby transport

![](https://growthpoint.com.au/sites/default/files/2020-03/concierge.svg) Concierge

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Office

Title

Freehold

Site area

2,502 sqm

Lettable area

15,070 sqm

Occupancy

100 %

WALE (by income)

5.5 years

Major tenant

VIC Government

Valuation summary

Book value

 $ 112.0 m

Cap rate

7.50 %

Discount rate

7.75 %

Contact us

![Daniel Nutbean photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Daniel-Nutbean-web.jpg?h=3da94e8f&itok=1y_7DzLs)

Daniel Nutbean

Senior Asset Manager

      +61 407 303 292

[         Contact via Email ](mailto:dnutbean@growthpoint.com.au)

![David Wood photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2024-06/David-Wood-funds-team.jpg?h=3da94e8f&itok=2SMra5yT)

David Wood

Portfolio Manager - Office

      +61 411 895 515

[         Contact via Email ](mailto:dwood@growthpoint.com.au)

Location

Centrally located in Dandenong, a growing major urban centre 30 kilometres south-east of Melbourne, the asset is well positioned for transport and retail amenities being approximately 400 metres from both the Dandenong railway station and regional shopping centre Dandenong Plaza.

Description

Constructed in 2011, the asset offers 15,071 sqm of quality accommodation with ground floor retail, seven floors of A-grade office space and secure basement parking for 204 vehicles. The building has high sustainability credentials with NABERS Energy, Water and Indoor Environment ratings at or above 5 stars.

## -37.9886698, 145.2123323

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