FOR SALE
$850,000 - $935,000

20 Olive Street
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 851m2
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A BIG OPPORTUNITY IN PREMIUM POSTITION

An unbeatable location with high walkability and a large allotment of land make this address a developer's delight, presenting blank canvas appeal limited only by your imagination. The existing three-bedroom residence with generous dimensions serves as the skeleton structure, ready to be transformed to suit your specific needs.
Set on a flat rectangular bock of land at a whopping 851sqm (approx.), and located in a Residential Growth Zone, this is prime real estate ready to bring forth the many possibilities that will provide great return for your sound investment. Restore, redesign, redevelop or knock it down to build your own fantastic home or as many as 5 to 6 townhouses (STCA). The choice is yours!
Ideally positioned to enjoy the proximity to the exotic sights, smells, fresh produce, clothing and foods of the Dandenong Market, parks, shops, cafes, restaurants, Dandenong Plaza, Dandenong Hospital, Melbourne Water Recreation Area, public transport and more.
A golden opportunity for an investor or developer to capitalise on an enormous block of land in a bustling cosmopolitan hub of South Eastern Melbourne.
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Property Details for 20 Olive St, Dandenong

20 Olive St, Dandenong is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 851m2. The place is currently for sale with iSell Group.

Building Type
House
Land Size
851m2

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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of total area. The population of Dandenong in 2011 was 24,919 people. By 2016 the population was 29,910 showing a population growth of 20.0% in the area during that time. The predominant age group in Dandenong is 20-29 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation. In 2011, 42.8% of the homes in Dandenong were owner-occupied compared with 39.7% in 2016.

Dandenong has 17,947 properties.

    There are currently 121 properties listed for sale, and 27 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 744 properties were sold in the past 12 months in Dandenong.

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    Johnny Nguyen
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    Harry Li
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    iSell Group
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