OFF MARKET

20 Elms Road
Bangholme VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 21800m2
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Last updated 18 Nov 2024
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Property Details for 20 Elms Rd, Bangholme

20 Elms Rd, Bangholme is a 0 bedroom, 0 bathroom House. The property has a land size of 21800m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Land Size
21800m2
Local Government
Greater Dandenong
Lot/Plan
1/TP169711

Last Listing description (October 2024)

Great Realty Group is thrilled to present for sale 20 Elms Road, Bangholme VIC 3175.

This exceptional parcel of approximately 2.18 hectares (approx.) offers a rare land banking opportunity with limitless potential.

Ideally situated on the edge of Dandenong's rapidly expanding residential and commercial sector, this impressive approximately 21,800 sqm (approx. 92m x 235m) site offers endless possibilities. The land is already cleared and ready for development in a variety of directions. Draw inspiration from the surrounding commercial and agricultural activities, or consider the potential for future educational, community, religious, or sporting facilities (STCA). Alternatively, create a lifestyle property with ample space for kids, pets, and horses to roam freely. Whatever your vision, this spectacular site offers the opportunity to capitalize on a flourishing location, close to the prestigious homes and Golf Course of the Sandhurst Club Estate, and just 15 minutes from some of Melbourne's most beautiful beaches.

This prime site offers a savvy investment opportunity in a location poised for significant future growth, making it an ideal choice for land banking. Currently zoned Green Wedge (GWZ), with potential for future rezoning (STCA).

Key features:
? Located in a prime area of the Dandenong South Industrial Precinct.
? Potential for future rezoning (STCA).
? Just minutes from the EastLink Freeway.
? Approximately 10 minutes to the highly sought-after Keysborough area.
? Approximately 6 minutes to Patterson Lakes Shopping Centre.
? Close Proximity to Sandhurst Golf Club.
? Strategically positioned land parcel, ideal for capitalizing on future growth.
? Only 15 minutes to Keysborough Haileybury, Sirius, and Lighthouse college.

For more information or to arrange a viewing, please contact Tarun Aulakh at 0426 822 720 or Navtej Singh at 0424 276 527.

DISCLAIMER: All stated dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 20 Elms Rd, Bangholme, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$1,490,000
19 Jun 2022
  • 21 Aug 2024
    Listed for Sale Not Disclosed
  • 19 Jun 2022
    Sold for $1,490,000
  • 02 Jun 2022
    Listed for Sale Please Contact Agent

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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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