7 Abbott Street, Dandenong, VIC 3175

Development/Land

Sold

  • Property ID: 431817
  • Floor Area: 2627m²
  • Land Area: 2627m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 21/02/2024 2627m2 2627m2 Contact Agent
SEIZE THE UNEXPECTED: DANDENONG'S NEXT DEVELOPMENT.

POINT OF INTEREST:

It’s no longer a secret that Dandenong is carving out a name for itself: Melbourne’s second-biggest CBD. This means that opportunities to secure land are few and far between, let alone significant plots for ambitious developments. This 2,627 sqm* vacant land offering is beyond the market standard, sitting within the useful mixed use zoning perimeters. For ambitious developers with a vision in mind, the future building here will have a vast 62 sqm* of frontage to Abott Street with exposure to Swords Street too, technically making this a corner site. Not a rural location by any means, 7 Abbott sits 700 m* from the main business district of Dandenong, 500 m* from the railway station, and is surrounded by local gyms, eateries, and recreation. The Dandenong Market is a ten-minute walk away, and bustling Lonsdale Street is even closer. For commutes by car, getting here from the CBD takes only half an hour on the M1, with the Eastlink 1.4 km* away too.

- 2,627 sqm* of total land area.
- Favourable Mixed-Use zoning.
- 62 m* of frontage to Abbott Street.
- 500 m* to Dandenong Railway Station.
- 700 m* to Dandenong’s CBD.
- 1.4 km* to Eastlink.

POINT OF VIEW:

They say it’s first in, best dressed. But when you let others lay the groundwork to create the infrastructure and buzz for Melbourne’s second CBD, there’s actually a greater opportunity in being part of the second wave, best addressed.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: At settlement
  • Car Spaces: Vacant site
Outgoings
  • Water Rates: $590.10 p.a. approx.
  • Land Tax: $13,947.50 p.a. approx. (Single holding)
  • Council Rates: $4,888.15 p.a. approx.
  • Other Charges: tba
Dandenong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6562 $252 3.85%
Industrial $3248 $142 4.38%
Offices $6562 $608 9.26%
This is the average advertised price, rent and yield for Dandenong, VIC 3175*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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