31 Assembly Drive, Dandenong South, VIC 3175 | Property Value & History | OnTheHouse
OFF MARKET

31 Assembly Drive
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4220m2
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Property Details for 31 Assembly Dr, Dandenong South

Building Type
Land
Land Size
4220m2
Local Government
Greater Dandenong
Lot/Plan
R/PS801151

Last Listing description (September 2025)

31 Assembly Drive, Dandenong South
Presented by LUXURY REAL ESTATE AGENTS

(NOTE : 21 Assembly dr , Dandenong South ( 4603 ). is still available for SALE . )

Luxury Real Estate Agents proudly present a rare opportunity to acquire two substantial adjoining landholdings in the heart of Dandenong South's premier corporate and industrial precinct. With Commercial 2 Zoning (C2Z), these lots offer exceptional versatility-perfect for office, commercial, or light industrial development.

Note: The properties are currently leased on flexible terms for truck parking. The lease can be continued as an income-generating option for the new owner.

PROPERTY OVERVIEW
Zoning: Commercial 2 (C2Z).

Total Land Area: 4242m

Lot R - 31 Assembly Drive
Land Area: 4,242 m
Street Frontage: 44 m

Outstanding Connectivity: Seamlessly linked to the Monash Freeway, South Gippsland Freeway, and Princes Highway

Corporate Neighbours: Adjacent to CFA's headquarters and major businesses like Bunnings Warehouse, 7-Eleven, Taco Bell, Carl's Jr, and others

Retail Convenience: Walking distance to The Village Dandenong (Woolworths and specialty stores)

Prime Visibility: Dual frontage to Assembly Drive in a high-traffic corridor

INVESTMENT FEATURES
Highly visible street presence
Surrounded by high-calibre commercial and industrial developments
Rare chance to secure two side-by-side parcels in a sought-after estate
Flexible zoning supports a wide range of development outcomes
Current lease (truck parking) offers optional holding income

THE OPPORTUNITY
This is more than just land-this is a launchpad for growth in one of Melbourne's fastest-evolving commercial corridors. Whether you're an owner-occupier, investor, or developer, this offering provides the perfect blend of exposure, scale, and flexibility.

Secure your stake in Dandenong South's booming commercial landscape.
Contact Luxury Real Estate Agents today for more information or to arrange a private inspection.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this document, Luxury Real Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries and verify the information contained herein. Additionally, it is recommended that purchasers refer to the due diligence checklist provided by Consumer Affairs, available at http://www.consumer.vic.gov.au/.

Property History for 31 Assembly Dr, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$4,800,000
05 Jul 2025
  • 04 Sep 2025
    Listed for Sale Price on Application
  • 05 Jul 2025
    Sold for $4,800,000
  • 13 Sep 2022
    Sold for $5,005,000
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About Dandenong South 3175

The size of Dandenong South is approximately 29.4 square kilometres. There are 12 parks, covering nearly 1.9% of the total area. The population of Dandenong South in 2016 was 160 people. By 2021 the population was 125 showing a population decline of 21.9% in the area during that time. The predominant age group in Dandenong South is 50-59 years. Households in Dandenong South are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Dandenong South work in a trades occupation.In 2021, 17.30% of the homes in Dandenong South were owner-occupied compared with 12.50% in 2016.

Dandenong South has 4,994 properties. Over the last 5 years, Houses in Dandenong South have seen a 11.59% increase in median value, while Units have seen a 16.87% increase. As at 31 August 2026:

  • The median value for Houses in Dandenong South is $824,134 while the median value for Units is $823,125.
There are currently 1 property listed for sale, and 2 properties listed for rent in Dandenong south on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Dandenong south.

Suburb Insights for Dandenong South 3175

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.