Previously having a planning permit (now expired) for over 100 apartments (over 20 levels) and 2 levels of Commercial space, this property represents unbelievable value.
Located in the busy hub of the Dandenong Commercial precinct and in the "Comprehensive Development Zone 2", the proximity to amenities being the Dandenong Plaza, Harmony Square, Dandenong Market and approx. 400 metres to the train station make this a lucrative and once in a lifetime opportunity.
The block itself being 776m2 with a frontage of 20.3m X 38.5 (all dimensions approximate) lends itself to many possibilities exploring the ultimate in design and has the footprint large enough to maximize the return on your investment.
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 18,519 properties. Over the last 5 years, Houses in Dandenong have seen a 3.55% increase in median value, while Units have seen a 12.58% increase. As at 31 July 2026:
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