1/249 Gladstone RoadDandenong North VIC 3175
Property Details for 1/249 Gladstone Rd, Dandenong North
1/249 Gladstone Rd, Dandenong North is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 752m2 and floor size of 89m2.
Last Listing description (February 2026)
Ray White is proud to present this super rare and once in a lifetime opportunity in the heart of Dandenong North. Sitting on approximately 751m2 of prime soil, this property holds exponential future potential for development. Now is the time to take advantage of this goldmine and secure your long-term future.
This well-maintained unit complex presents an outstanding investment opportunity, with two of the three units currently leased, Unit 1 at $1,651 PCM and Unit 3 at $1,521 PCM. There is strong potential to secure new leases at $420-$460 per week, increasing the total annual rental income from approximately $56,316 to between $65,520 and $71,760.
Each unit features two spacious bedrooms, one bathroom, and an allocated car space, offering comfortable living and solid long-term rental appeal.
It doesn't get more central than this! Walking distance to Brady road shops, Lyndale high school, Lyndale primary school, Waverly Gardens Shopping Centre, public transport, close proximity to Dandenong's CBD and convenient freeway access to both Eastlink and Monash Freeways.
This gem will not last long with the location and features like this, we highly recommend you act soon before you see a SOLD sticker on the board!!
Auction: 15/11/25 @ 10.30AM
Location: On site
Settlement: 30/45/60 Days
Deposit: 5%-10%
Call Burak Gul or Ben Jusufi for any further information!
PLEASE NOTE:
- Photo ID required at all open for inspections.
- All information contained therein is gathered from relevant third-party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Property History for 1/249 Gladstone Rd, Dandenong North, VIC 3175
- 15 Oct 2025Listed for Sale AUCTION THIS SATURDAY @ 10:30AM ON SITE!!
- 11 Dec 2023Listed for Rent $350 / week
- 27 Jan 2022Listed for Rent - Price not available
Recent sales nearby
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0About Dandenong North 3175
The size of Dandenong North is approximately 9.6 square kilometres. There are 27 parks, covering nearly 19.3% of the total area. The population of Dandenong North in 2016 was 22451 people. By 2021 the population was 22550 showing a population growth of 0.4% in the area during that time. The predominant age group in Dandenong North is 30-39 years. Households in Dandenong North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong North work in a professional occupation.In 2021, 68.70% of the homes in Dandenong North were owner-occupied compared with 68.60% in 2016.
Dandenong North has 9,323 properties. Over the last 5 years, Houses in Dandenong North have seen a 10.17% increase in median value, while Units have seen a 21.89% increase. As at 31 July 2026:
- The median value for Houses in Dandenong North is $783,645 while the median value for Units is $584,187.
- Houses have a median rent of $560 while Units have a median rent of $500.
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