7 Wallace AvenueDandenong VIC 3175
Property Details for 7 Wallace Ave, Dandenong
7 Wallace Ave, Dandenong is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 648m2 and floor size of 307m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2022)
A supreme opportunity awaits the astute investor at 7 Wallace Avenue! Located within the GRZ1 zoning in Dandenong, this home and it's massive 648m2 block will give the next owner a plethora of choices for the future.
Either set and forget with the current tenants or set about planning for your next development STCA. Should you choose the development path, know that while your due diligence is being done that a rental income of $1,480 per month is coming in.
Amongst its advantageous land size, this property also features 3 sizeable bedrooms, central bathroom, large kitchen and meals area as well as gated entry and all within walking distance to amenities such as:
Dandenong Plaza
Dandenong Train Station
Yarraman Train Station
Easy access to Eastlink
Multiple bus routes
Terms: 10% deposit. Balance 30/60/90 days
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Property History for 7 Wallace Ave, Dandenong, VIC 3175
- 27 Nov 2021Sold for $690,000
- 04 Nov 2021Listed for Sale $610,000 - $671,000
- 13 Aug 2013Listed for Rent $340 / week
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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 17,947 properties.
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