SOLD
Sold on 12 Mar 2024 for $27,500,000

12 Monterey Road
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 19120m2
Land area: 18917m2
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Property Details for 12 Monterey Rd, Dandenong South

Building Type
Commercial
Floor Size
19120m2
Land Size
18917m2
Local Government
Greater Dandenong
Lot/Plan
19/LP208302

Last Listing description (October 2023)

Located off Frankston Dandenong Road and only moments from Greens Road and the Eastlink sits this highly functional office space with amenities. The 400sqm (approx.) property is partitioned to provide a combination of individual offices, meeting rooms, generously-sized cubicles, and open plan work space and will suit various businesses' needs.

Key features include:
- 400sqm Approx. office space

- 5 Separate offices
- Open plan workspace
- 8 Partitioned cubicles
- Bathroom & kitchen amenities
- Separate large multi-use room
- Air-conditioned office space
- Ample on-site car parking

Enquire now for more information or to book an inspection.

Property History for 12 Monterey Rd, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$27,500,000
12 Mar 2024
Listed for Rent
$44k/w
15 May 2023
  • 12 Mar 2024
    Sold for $27,500,000
  • 15 Aug 2022
    Listed for Rent $43,890 / year
  • 20 May 2019
    Listed for Rent $43,890 / year
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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.