120 Princes HighwayDandenong VIC 3175
Property Details for 120 Princes Hwy, Dandenong
Last Listing description (May 2017)
Suit Occupation or Redevelopment (S.T.P)
On behalf of the Country Fire Authority (CFA) we have the pleasure to offer this strategic site at the gateway of the revitalised Dandenong CBD.
Both are zoned Residential Growth which allows for a higher density, up to and including a 4 storey construction or even residential aged care.
Other uses that require a permit including leisure, recreation and place of assembly (ie funeral parlour)
The site also boasts, substantial infrastructure. The CFA utilised the 2,513m (indicative only) premises which includes 1,993m (indicative only) of offices over 3 levels. A 520m (indicative only) high clearance vehicle parking area is included. This amenity is further enhanced with rear parking and ancillary buildings.
The Auction will be held on site on Thursday 16th March 2017 at 1PM.
Terms: 10% deposit balance 23rd June 2017
Call now for an IM and Inspections
Property History for 120 Princes Hwy, Dandenong, VIC 3175
- 16 Mar 2017Sold for $3,080,000
- 07 Feb 2017Listed for Sale Not Disclosed
- 19 Feb 2016Listed for Sale AUCTION on site. Wednesday 23rd March, 1pm
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About Dandenong 3175
The size of Dandenong is approximately 11.3 square kilometres. There are 22 parks, covering nearly 16.6% of the total area. The population of Dandenong in 2016 was 29906 people. By 2021 the population was 30127 showing a population growth of 0.7% in the area during that time. The predominant age group in Dandenong is 30-39 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation.In 2021, 43.10% of the homes in Dandenong were owner-occupied compared with 39.70% in 2016.
Dandenong has 18,516 properties. Over the last 5 years, Houses in Dandenong have seen a 3.80% increase in median value, while Units have seen a 12.85% increase. As at 31 August 2026:
- The median value for Houses in Dandenong is $743,896 while the median value for Units is $470,984.
- Houses have a median rent of $570 while Units have a median rent of $490.
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