OFF MARKET

190 Riverend Road
Bangholme VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 759111m2
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Property Details for 190 Riverend Rd, Bangholme

Building Type
Land
Land Size
759111m2
Local Government
Greater Dandenong
Lot/Plan
1/TP118284

Last Listing description (October 2023)

Cushman & Wakefield is pleased to offer for sale by Expression of Interest this major south east parcel of land.

The property is held in Two Titles with a total land area of 25.958ha*


This strategic site has approximately 297 metre street frontage to Pillars Road, with excellent access to Mornington Peninsula Freeway, Springvale Road, Perry Road and Eastlink.

It is an extremely rare opportunity to secure a significant land holding within the South East Green Wedge precinct.

Key Features
- 25.958 Ha (64.14 Acres) *
- Two Titles
- Green Wedge Zone Schedule 1 (Under the City of Greater Dandenong)
- Land banking opportunity
- Flexible Terms Available

190 Riverend Road, Bangholme is located on the southern side of Pillars Road, approximately 1.6 kilometres east from the on/off ramps of Mornington Peninsula Freeway and approximately 5.8 kilometres from the Greens Road/Eastlink Diamond Interchange.

The location surrounds established residential suburbs Chelsea Heights and Patterson Lakes. Bangholme is located within the City of Greater Dandenong, Melbourne's demographic centre and major employment precinct. Dandenong South is one of Australia's most established industrial markets.

CBD- 40km*
Springvale Road- 1.2km*
Mornington Peninsula Freeway- 1.6km*
Eastlink- 5.8km*
M1 Freeway- 13.5km*
Braeside Industrial Precinct- 4.6km
Edithvale Beach- 4.7km*

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Property History for 190 Riverend Rd, Bangholme, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$11,633,050
04 Jan 2020
Listed for Rent
$1.30k/w
19 Sep 2005
  • 12 Apr 2023
    Listed for Sale Contact Agent
  • 04 Jan 2020
    Sold for $11,633,050
  • 16 Sep 2005
    Listed for Rent - Price not available

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About Bangholme 3175

The size of Bangholme is approximately 23.6 square kilometres. It has 4 parks covering nearly 6% of total area. The population of Bangholme in 2011 was 797 people. By 2016 the population was 786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a clerical occupation. In 2011, 81.5% of the homes in Bangholme were owner-occupied compared with 84.2% in 2016..

Bangholme has 192 properties. Over the last 5 years, Houses in Bangholme have seen a 29.08% increase in median value, while Units have seen a 198.40% increase. As at 31 October 2024:

  • The median value for Houses in Bangholme is $1,334,427 while the median value for Units is $1,432,043.
There are currently 2 properties listed for sale, and no properties listed for rent in Bangholme on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Bangholme.

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