An incredible and unique offering, this 1,555m2 (approx) land parcel with Comprehensive Development zoning will strongly appeal to investors, land bankers and developers with commercial interest. Earmarked as the prospective site for a multi-level apartment complex, aged care facility, child care development or multiple townhouses (STCA), with rental income $48,000 (approx.) to ensure your income while you are applying for your desired plans. A prime opportunity to acquire a rare land parcel of such significant size and scope, walking distance to Dandenong Train Station and Dandenong Central, shops and easy access to Eastlink and freeway.
Corner Greaves Street.
Display yard.
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 18,524 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:
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