6 Jolly Street, Dandenong, VIC 3175
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Sold
Sold for $710,000 on Jul 31, 2023
Unleash the Potential for Growth and Development! (STCA)
The sizable 791 sqm block at 6 Jolly Street, Dandenong offers incredible opportunities for investors, developers, or homebuyers who are looking to capitalize on its potential. Situated in the diverse and growing suburb of Dandenong, approximately 30 km southeast of Melbourne's CBD, this large plot of land presents a variety of development options.
Some potential opportunities for this large block include:
Developing multiple residential units [STCA]n : The block's size allows for the construction of several townhouses or apartments, catering to the increasing demand for housing in the suburb. This can be an excellent investment opportunity, generating rental income or potential resale profits.
Building a spacious family home: A 791 sqm block provides ample space for constructing a luxurious and comfortable family residence, complete with landscaped gardens and modern amenities. Settle into the vibrant, multicultural community of Dandenong and enjoy all it has to offer.
This 791 sqm block presents a wealth of opportunities for investors, developers, and homebuyers looking to make the most of its prime location and substantial size. Don't miss out on the chance to benefit from this versatile and attractive investment.
Everybody please note that the number of units/ townhouses that can be built is subject to council approval and any indication otherwise on arel photo is only to be used as a guide and not as confirmation of the number of units that can be built.
Manjit Singh
Property Consultant
Micky Sidhu
Director & OIEC
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L22357716
- Property Type:House
- Garages:2
- Land Area:791 sqm
We Know Your Area
R&H Suburb Profile: Dandenong
R&H Suburb Summary | Houses |
---|---|
Number of sales | 145 |
Average Price | $748,542 |
Median Price | $720,000 |
Median Rental Price | $530 p.w. |
Change in Rental Rate (5yr) | 47 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 284 |
Average Price | $465,848 |
Median Price | $460,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 42 % |
Median Trend - $720,000
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