Currently grossing in almost $30,000 p.a., this fantastic investment opportunity offers two separate & established homes on the one great site.
Presenting itself as a tremendous opportunity, this 840 m2 (approx.) piece of prime real estate is one of Dandenong's finest to hit the market.It offers opportunity for the seasoned investor to buy and hold over the long term or reap the reward by developing this property and building units, townhouses or apartments (STCA).
Both units features large lounge with electric heating, separate kitchen with electric cooking, wall to wall carpet, built in robes to bedrooms, separate bathroom, laundry, private yard and garage.
Sitting in a highly sought after and central location that is minutes' walk to Dandenong Plaza, Dandenong Market, Hospital and all other major amenities including public transport services and Dandenong's CBD this property should appeal to any builder/developer who is wanting to take advantage of Dandenong's continuous capital growth and potential.
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Contact Lin at 0403187808 for more information.
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:
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