This prime parcel of residential land at 19 Stud Road, Dandenong, presents an exceptional opportunity for investors and developers in the heart of the Dandenong CBD. Spanning approximately 788 sqm, this generously sized block offers immense potential for various development projects, with its strategic location ensuring high visibility and accessibility.
Situated on Stud Road, one of Dandenong's key thoroughfares, the land is ideally suited for high-rise apartments, a medical center, or a kindergarten center (subject to council approval - STCA). The site offers flexibility for mixed-use retail and residential developments, catering to the growing demand for integrated living and commercial spaces in this vibrant, rapidly evolving area.
Planning and permits have already been granted for 4 townhouses, making this a turnkey opportunity for immediate development. Additionally, there is potential for real estate agencies, medical clinics, pharmacies, childcare facilities, car parking, and restaurants (all subject to council approval - STCA). The surrounding infrastructure, thriving local economy, and proximity to key amenities only add to its allure.
Located within easy reach of Dandenong Plaza, Dandenong Market, public transport, schools, and parks, the land's prime position ensures any future development will benefit from significant foot traffic and residential appeal. With endless potential and the possibility for substantial returns, this property represents a unique opportunity for the savvy investor or developer to capitalize on Dandenong's growth and urban expansion.
DISCLAIMER: All stated dimensions are approximate only. Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters.
The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of 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 18,438 properties. Over the last 5 years, Houses in Dandenong have seen a 24.78% increase in median value, while Units have seen a 26.18% increase. As at 30 November 2025:
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