SOLD
Sold on 03 Apr 2024 for $18,920,000

11 Monterey Road
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 17343m2
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Property Details for 11 Monterey Rd, Dandenong South

Building Type
Commercial
Land Size
17343m2
Local Government
Greater Dandenong
Lot/Plan
11/LP208301

Last Listing description (November 2020)

Now available to purchase is this highly functional facility well located in central Dandenong.

This rare opportunity to purchase an existing warehouse with scope to either extend to the rear or create a full drive around with large hardstand (STCA) should not be missed.


The property features include:

- 6,250sqm total building area*
- 17,340sqm total site area*
- 4,120sqm undeveloped land at the rear of the site*
- Low site coverage 36%
- 8 metres 13 metres internal clearance
- 2 recessed loading docks
- 3 roller shutter doors
- Exceptional truck access
- Perfect for owner occupiers
- Rental income until March 2016
- 1,450KVA power supply

For further information or to arrange an inspection please contact Adrian Garvey or Luke Crozier.

Property History for 11 Monterey Rd, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$18,920,000
03 Apr 2024
  • 03 Apr 2024
    Sold for $18,920,000
  • 23 Dec 2015
    Sold for $7,040,000
  • 24 Sep 2015
    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 4,919 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 1 property listed for rent in Dandenong south on OnTheHouse. According to CoreLogic's data, 99 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.