CBRE is offering for sale Level 2 and Level 3, 26 McCrae Street, Dandenong, two fully leased healthcare investments opposite Dandenong Plaza, each offered separately by auction.

Both floors are home to established youth mental health and support providers.

Key details include:

+ Level 2: whole floor of 685sqm* NLA occupied by Headspace, leased to September 2029, with a further three-year option to 30 September 2032
+ Level 2 passing net income of $164,180* pa with annual CPI rent reviews
+ Extensive tenant-funded fit-out on Level 2 valued at approximately $1.2m
+ Level 2 occupied by Headspace: Australia’s national youth mental health foundation. Its Dandenong centre has served the area since 2013 and relocated to the subject property in 2024. The centre supports young people aged 12 to 25 across mental health, physical health, work and study.
+ Level 3: fully leased floor returning $143,412* pa
+ Occupied by Youth Support & Advocacy Service (YSAS): a Victorian youth alcohol and drug service. Its Dandenong site runs day programs, outreach and family support for young people, serving as a youth and community hub for ages 12 to 25
+ Ideally positioned opposite Dandenong Plaza Shopping Centre, a short walk to Dandenong train station and the Dandenong Market

To be sold by Investment Portfolio Auction
10:30am AEDT, Wednesday 9 December 2026
River Room, Crown Casino, Melbourne

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au