3-5 Hammond RoadDandenong VIC 3175
Property Details for 3-5 Hammond Rd, Dandenong
Last Listing description (March 2022)
Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction on Site, this high-profile property which is located just a few minutes from Dandenong Station and the retail centre of Dandenong. Total land area is 667 sqm *.
Favourable Comprehensive Development Zoned - Schedule 2 supporting a range of future development outcomes including residential, office, retail, hospitality and education (STCA)^.
Set to benefit from the $290 million Revitalising Central Dandenong initiative by the Victorian Government, with the project expected to attract more than $1 billion in private sector investment and creating and additional 5,000 jobs.
Favourable Comprehensive Development Zone 2 allows for a
Located near the busy intersection of Cheltenham and Hammond Roads, the property offers maximum exposure moments from the central business district of Dandenong and the industrial centre of Dandenong South.
Property Features Include :-
- Total Land Area 663 sqm *
- Moments from Dandenong Station
- High Exposure Location
- Close to Major Arterial Roads
- Overholding Tenant - Car Wash
- Comprehensive Development Zoned - Schedule 2
- Potential Multi Storey Commercial / Residential ^
- Close to Major Industrial Parks
^STCA
*Approximately
To book an inspection or for further information please contact Paul Waterhouse or Mitch Rosam.
Property History for 3-5 Hammond Rd, Dandenong, VIC 3175
- 24 Mar 2022Sold for $1,240,000
- 21 Feb 2022Listed for Sale Auction
- 26 Jul 2016Listed for Rent $1,300 / week
Recent sales nearby
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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 18,525 properties. Over the last 5 years, Houses in Dandenong have seen a 5.54% increase in median value, while Units have seen a 17.87% increase. As at 30 June 2026:
- The median value for Houses in Dandenong is $756,008 while the median value for Units is $483,696.
- Houses have a median rent of $570 while Units have a median rent of $478.
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