OFF MARKET

44 James Street
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 145m2
Land area: 639m2
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Property Details for 44 James St, Dandenong

44 James St, Dandenong is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 639m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1960
Floor Size
145m2
Land Size
639m2
Local Government
Greater Dandenong
Lot/Plan
11/LP22491

Last Listing description (November 2017)

This property is one of the last remaining development opportunities on James Street and comes onto the market for sale for the first time in 40 years. Sitting on a land area of 647sqm (approx.), in a General Residential Zone Sch 1 (Greater Dandenong Planning Scheme), this property allows for an astute developer/builder to build units/townhouses with a maximum return (STCA). Located in one of central Dandenong s most sought after and premium pocket, this home is perfectly positioned with walking access to Dandenong High/Primary School, Dandenong Hospital, Chisholm TAFE and public transport services. With an existing weatherboard dwelling that offers 3 bedrooms, 1 bathroom, formal lounge area and separate kitchen/meals area, you can generate a rental yield whilst drawing plans and obtaining permits to build your next project (STCA). Large backyard and bonus outside living area with kitchenette and small living area. You need to see it to be able to believe it. The resale value of newly constructed units and townhouses in this area is also something to consider with this project, as this pocket is generally known for fetching premiums on newly constructed homes. This opportunity is presented once in a lifetime and could be your nest egg for the next 30 years! Do not wait until it is gone. Make sure you view this property now!
Contact: Neb Delibasic on 0411 332 467 or Theo Maric on 0411410744
Auction: Saturday 4th November 2017 at 12:00pm, On Site

Terms: 10% Deposit, Balance in 60 - 90 Days
TO VIEW THE CONSUMER AFFAIRS DUE DILIGENCE CHECKLIST PLEASE VISIT http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 44 James St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$655,000
04 Nov 2017
  • 04 Nov 2017
    Sold for $655,000
  • 12 Oct 2017
    Listed for Sale Auction This Saturday!
  • 02 Nov 1977
    Sold for $34,500

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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 18,065 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 110 properties listed for sale, and 34 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Dandenong.

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