54-56 Licola CrescentDandenong South VIC 3175
Property Details for 54-56 Licola Cres, Dandenong South
Last Listing description (April 2023)
CBRE is excited to excluviely offer 54-56 Licola Crescent, Dandenong South to the market via Expressions of Interest closing Thursday 11th March 2021 at 3pm AEST.
In what is becoming a 'land locked' market, this opportunity is certainly one not to be missed. Located only minutes from the Greens Road/Eastlink (M3) interchange, the Melbourne CBD can be accessed in 35 minutes via the Monash Freeway (M1). Site details include:
- 1,988sqm* site area
- Potential for dual crossovers on each side of Licola Crescent
- Industrial 2 zoning
- Ideal for container or equipment storage
- Ability to construct a 1,200sqm* office/warehouse (STCA)
- Offered for sale with vacant possession
- Flexible terms on offer
For further information or to request a Contract of Sale/S32, please contact CBRE's Ned Murphy or Patrick Noone.
*approx.
Property History for 54-56 Licola Cres, Dandenong South, VIC 3175
- 01 Mar 2021Sold for $1,200,000
- 15 Feb 2021Listed for Sale Contact Agent
- 05 Nov 2003Sold for $245,000
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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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