SOLD
Sold on 10 Jul 2024 for $1,400,000

109 Greens Road
Dandenong South VIC 3175

Bedrooms: 5
Bathrooms: -
Car spaces: -
Floor area: 512m2
Land area: 991m2
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Property Details for 109 Greens Rd, Dandenong South

Building Type
Commercial
Floor Size
512m2
Land Size
991m2
Local Government
Greater Dandenong
Lot/Plan
3/LP55638

Last Listing description (January 2021)

Crabtrees Real Estate are pleased to offer for sale this rarely offered main road factory/warehouse investment in the heart of Dandenong's industrial precinct.

Lease Details:

+ Leased to long standing tenant Vines Industries T/A Keysborough Automatics

+ 3x3 year lease from 18th of November 2020
+ Returning $52,000 per annum plus GST and Outgoings

Building Features:

+ 685sqm total building area
+ Includes 98sqm total office area
+ Roller door access
+ Huge amounts of passing traffic
+ Moments to EastLink, Frankston Dandenong Road and South Gippsland Highway

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 109 Greens Rd, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$1,400,000
10 Jul 2024
  • 10 Jul 2024
    Sold for $1,400,000
  • 18 Dec 2020
    Sold for $1,070,000
  • 04 Dec 2020
    Listed for Sale CONTACT AGENT
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About Dandenong South 3175

The size of Dandenong South is approximately 29.4 square kilometres. It has 12 parks covering nearly 1.9% of total area. The population of Dandenong South in 2011 was 360 people. By 2016 the population was 171 showing a population decline of 52.5% in the area during that time. The predominant age group in Dandenong South is 50-59 years. Households in Dandenong South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong South work in a machinery operators and drivers occupation. In 2006, 20% of the homes in Dandenong South were owner-occupied compared with 35.3% in 2011.

Dandenong South has 4,921 properties. Over the last 5 years, Houses in Dandenong South have seen a 16.86% increase in median value, while Units have seen a 26.54% increase. As at 31 October 2024:

  • The median value for Houses in Dandenong South is $789,302 while the median value for Units is $800,551.
There are currently 1 property listed for sale, and 2 properties listed for rent in Dandenong south on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Dandenong south.

Suburb Insights for Dandenong South 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.