46 Power St, Dandenong is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 144m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
This incredible opportunity to buy and develop is one of the few parcels available with the size and 24m frontage for a great development.
The owner has received Town Planning approval for 5 double storey townhouses, so much of the hardwork through councils already done.
Located in a unique red brick paved street in Central Dandenong.
With the market waiting to see the result of the world wide issue, now is the time to pounce and secure yourself an irreplaceable parcel of development land to build on when things get back to normal.
A UNIQUE PARCEL - BE READY FOR THE RECOVERY!
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 18,072 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:
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