SOLD
Sold on 08 Dec 2023 for $22,925,000

64 Pound Road W
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: 57
Land area: 30040m2
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Property Details for 64 Pound Rd W, Dandenong South

Building Type
Commercial
Land Size
30040m2
Local Government
Greater Dandenong
Lot/Plan
5A/PS437382

Last Listing description (November 2021)

64 Pound Road West represents a rare opportunity to acquire a high-grade standalone distribution facility with exceptionally large hardstand, providing tenants with the following highly desirable attributes:

Outstanding standalone facility with large hardstand (37% site coverage)

Fully fitted office with several private offices and meeting rooms (will be adapted to suit incoming occupier)
Generous canopies
Outstanding location with direct access to the Monash Freeway and South Gippsland Highway
Commercial Zone 2
Quiet industrial precinct containing major occupiers such as Reece, Dulux and Alspec

Property History for 64 Pound Rd W, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$22,925,000
08 Dec 2023
Listed for Rent
$18k/w
15 Nov 2021
  • 08 Dec 2023
    Sold for $22,925,000
  • 14 Feb 2023
    Transferred
  • 24 Jun 2021
    Listed for Rent - Price not available
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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.