493-497 Frankston-Dandenong RoadDandenong South VIC 3175
Property Details for 493-497 Frankston-Dandenong Rd, Dandenong South
Last Listing description (April 2023)
Cushman & Wakefield and Colliers are pleased to offer for sale, one of the last remaining and outstanding high profile industrial land opportunities located in the southern region of Melbourne.
With Melbourne south east's diminishing land supply, and ready to develop industrial zoned land at record lows, the opportunity to acquire a unique and strategic site with dominant exposure to passing traffic within the heart of the Dandenong industrial precinct is truly a rare and highly sought after offering.
Given the scarcity of industrial zoned land in the Dandenong South precinct, this high profile offering presents a genuine development opportunity for both owner occupiers or developers.
493-497 Frankston Dandenong Road is strategically positioned amongst multiple major arterials, such as Eastlink Tollway, Thompsons Road, Westernport Highway, South Gippsland Highway, Monash Freeway and the Dandenong Dingley Bypass.
The property is offered for sale via Expressions of Interest closing THURSDAY 7TH APRIL 2022 at 4.00pm.
For further information, please contact the exclusive listed agents below:
Property History for 493-497 Frankston-Dandenong Rd, Dandenong South, VIC 3175
- 09 Mar 2022Listed for Sale Contact the exclusive listed agents
- 23 Aug 2019Listed for Rent - Price not available
- 10 Jun 2016Sold for $1,470,000
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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 4,888 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.
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