8 New St
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About this property
Two BLUE CHIP development sites with excellent exposure and zoned RESIDENTIAL GROWTH right in the heart of the city. Within an easy walk to Dandenong Square shopping complex, Dandenong Market schools and transport this is prime real estate with a huge upside. Develop, landbank or capitalize immediately - the options are numerous! Perfect for development of units, townhouses or an apartment complex (up to 4 levels) Secure one or unlock the full potential for a larger scale commercial project. Combining both sites (app 2060 m2 ) offers an amazing opportunity with potential for medical facilities , childcare centre, aged care village or place of assembly. ( All uses are subject to a planning permit ) Dual street frontage provides excellent flexibility for design and access. Both sites include an existing timber home let on a monthly basis with vacant possession available. Settlement available up to 6 MONTHS To be offered separately at auction on the 2nd May the order of sale is as follows- 63 MCCRAE ST DANDENONG @11 AM approx 1030 m2 (20m by 51m) 8 NEW ST DANDENONG @11.30 AM approx 1032 m2 (20m by 51.2 m) KEY ADVANTAGE - Purchaser of McCrae St will have exclusive option to purchase 8 New St prior to start of the auction. True strategic move to avoid competition ! Contact the selling agent for more details.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 1032 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Dandenong
This 3-bedroom house in Dandenong, VIC 3175 sits within reach of public transport, local shops and nearby schools. It is listed 93% above the $574,500 median of 64 comparable houseswithin 5 km.
Schools near Dandenong
- Emerson Schoolcombined · U · CoEd
- Dandenong North Primary Schoolprimary · Prep-6 · CoEd
- Dandenong Primary Schoolprimary · Prep-6 · CoEd
- Dandenong South Primary Schoolprimary · Prep-6 · CoEd
- Dandenong West Primary Schoolprimary · Prep-6 · CoEd
- Wooranna Park Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 105 m away
- Emrah Food Mart — 290 m away
- Dandenong Park — 536 m away
- Clow Street Reserve — 540 m away
- Dandenong Pioneer Memorial Gardens — 609 m away
Dandenong at a glance
Full suburb profile- Population
- 30,127
- Median age
- 33
- Household income
- $1,267/wk
- Median rent
- $319/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Dandenong price trend
Median sold · House 3 bed
Compound growth +2.4% / yr over 4 yrs
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