OFF MARKET

118/80 Cheltenham Road
Dandenong VIC 3175

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Last updated 11 Nov 2024
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Property Details for 118/80 Cheltenham Rd, Dandenong

118/80 Cheltenham Rd, Dandenong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2014
Floor Size
53m2
Local Government
Greater Dandenong
Lot/Plan
118/PS645691

Last Listing description (July 2024)

Harcourts Dandenong proudly presents this beautiful apartment in the stylish Mosaic complex. Currently leased to excellent tenants who would like to stay on, although vacant possession is available.
Open plan living meets functionality with:

- Large bedroom with BIR

- Modern kitchen with stainless steel appliances and dishwasher
- Large reverse cycle heating and cooling system
- Secure lock up car park

With bus stop and cafe/restaurant meters from your front door, Dandenong Train Station and CBD a short stroll away and easy access to main arterials this is the place to be, ideal for those starting out, downsizing or a solid investment with good return under the NRAS scheme.
Property is part of the NRAS scheme. This means the owner receives a refundable tax offset or a cash payment of $8,500 Approx. (commonwealth) and $2,800 Approx. (state) per year.

Estimate rental $13200 Approx. per year.
Total yearly revenue equates to $24,500 (APPROX).
Any other questions regarding this incentive please give us a call.

Outgoing
Please note Owner Corporation fees include:
- Gas
- Rubbish Collection
- Structure Insurance
- Onsite Management Office
- Cleaning on the common Area

This well-designed home is full of convenience being close to all amenities, Dandenong Station, Dandenong Plaza, Parkmore shopping Centre and a bus stop right outside the building.
This is a completely secure complex and is occupied by an onsite manager throughout the weekdays from 8am to 4pm and an overnight security patrolman. A swipe card is needed to access the front entry door and lift level for keeping residents safe.

Please call now to book in an inspection to avoid disappointment on Ming 0433 568 112

Property History for 118/80 Cheltenham Rd, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$285,000
07 Aug 2023
  • 07 Aug 2023
    Sold for $285,000
  • 20 Jun 2023
    Listed for Sale $280,000-$300,000
  • 13 Apr 2012
    Sold for $294,900

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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 18,073 properties. Over the last 5 years, Houses in Dandenong have seen a 27.24% increase in median value, while Units have seen a 18.43% increase. As at 31 October 2024:

  • The median value for Houses in Dandenong is $777,901 while the median value for Units is $427,559.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 111 properties listed for sale, and 37 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 794 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.