1 Oleander Street, Doveton, VIC 3177
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For Sale
UNDER OFFER BY LYN CASTILLO
AMAZING DEVELOPMENT OPPORTUNITY (STCA)!
Refurbish, rebuild, demolish and develop? All is possible with this large 603 sqm block (approx). A rarity in the strategically located suburb of Doveton is just waiting to be developed to its utmost potential.
This charming property offers an excellent blend of space and potential, making it an ideal choice for first-home buyers, renovators or investors looking to expand their portfolio.
From the lush front yard with tons of greenery, the main house features two bedrooms, one living space, one kitchen & meals area, and one bathroom and toilet. Right outside is an enclosed pergola with a cozy studio unit and a large backyard with unlimited potential. Other features include a huge garage shed and a front gate for security.
The huge rectangular lot is perfect for subdividing into townhouses and similar multi-unit residential developments in the future, subject to council approval (STCA). Only 30km from the CBD, it is just a minute away from Princess Highway and 5 minutes to M1 Freeway access by car. Nearby amenities include educational institutions such as Holy Family School, St Mary's Primary School, Dandenong Primary School, Doveton College, St John's Regional College, and local child care centres. Parklands and playgrounds such as the Betula Park Reserve, Chesnut Reserve Playground, Power Reserve, and Rowan Reserve Playground are all within the proximity of the property to provide for one's recreational needs. The Village Dandenong - with its abundance of retail, dining, and service options is also a short drive away. Two train stations - Dandenong and Hallam Train Station - provide a convenient commute to the CBD and beyond.
This property offers a perfect balance of potential and location, making it an ideal option for redevelopment or astute investment. Don't miss out on this fantastic opportunity to secure a home in a thriving area. Call Lyn now at 0414 575 349 to inspect and buy!

Lyn Castillo
Managing Director / OIEC

Oliver Tachado
Sales Executive
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L32480977
- Property Type:House
- Carports:2
- Land Area:603 sqm
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 131 |
Average Price | $606,184 |
Median Price | $610,000 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 50 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 86 |
Average Price | $537,405 |
Median Price | $537,500 |
Median Rental Price | $500 p.w. |
Change in Rental Rate (5yr) | 48 % |
Median Trend - $610,000
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