SOLD
Sold on 10 Sep 2024 for $15,400,000

11-13 Quality Drive
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: 40
Land area: 12100m2
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Property Details for 11-13 Quality Dr, Dandenong South

Building Type
Commercial
Land Size
12100m2
Local Government
Greater Dandenong
Lot/Plan
PC362007

Last Listing description (November 2023)

FOR SALE BY NEGOTIATION

Tsimos commercial is delighted to offer this expansive warehouse for sale.
A rare opportunity for OWNER OCCUPIERS, INVESTORS and DEVELOPERS to secure a premium freehold in the heart of Dandenong's large industrial precinct.

The opportunity to take advantage of the current tenancy creating a GST free 'Going Concern' sale and then occupy in 12 months time.
The rear yard, being approx. 2,000m2 plus the side driveway offers hardstand or take advantage of the current permits in place to building the additional warehouse.

Property Features:

- Total Building Area 5,825 m2 (app)
- Total Land Area 1.21 ha (app)
- Industrial 1 Zone
- Premium Industrial Location
- Current Lease expiring 1/3/2025 with one further term of 5 years
- Returning $480,000pa net
- Permit for additional extension of 2,000 sq.m. (app)
- This is an Opportunity of a Lifetime

For more information or to arrange a private inspection, please contact one of our agents.

Property History for 11-13 Quality Dr, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$15,400,000
10 Sep 2024
Listed for Rent
$8.62k/w
07 Jul 2022
  • 10 Sep 2024
    Sold for $15,400,000
  • 03 Jul 2023
    Listed for Sale Contact Agent
  • 20 Oct 2022
    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 4,966 properties. Over the last 5 years, Houses in Dandenong South have seen a 10.08% increase in median value, while Units have seen a -2.74% decrease. As at 30 November 2024:

  • The median value for Houses in Dandenong South is $785,122 while the median value for Units is $700,825.
There are currently 1 property listed for sale, and 2 properties listed for rent in Dandenong south on OnTheHouse. According to CoreLogic's data, 123 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.