Prime 727m² Development Opportunity in High-Density Dandenong Location

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19 King Street, Dandenong VIC 3175

$1,150,000 - $1,250,000

Search Band Search Visibility Band

$1.15M - $1.2M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 727 m²

Listed: 54 days ago

Overview

Situated on a substantial 727m² allotment in the heart of high-density Dandenong, this property offers a versatile opportunity for developers, investors, and land bankers alike. The generous land size within a residential precinct primes the site for subdivision, multi-dwelling, or townhouse projects, subject to council approval.

The existing residence presents potential for rental income or holding value, offering flexibility while future development plans are pursued. The possibility of retaining the existing dwelling and developing the rear part of the land expands its appeal to those seeking gradual development options.

With excellent access to key amenities including Dandenong CBD, major shopping centers, local markets, schools, and public transport, the location enhances the property's long-term investment value. Convenient arterial roads further ease connectivity, making the site attractive for both residential living and redevelopment.

This unique combination of land size, location, and established dwelling offers a compelling prospect for a range of buyers focused on development potential, investment growth, or land banking strategies in a flourishing area.

Local Market Insights

In Dandenong, Quiet Listings observed 23 new houses entering the market over the last 30 days, down from 28 during the previous 30-day period, with an average advertised asking price of $893,870. The property type mix of listed properties is predominantly Houses at 39%, followed by units (24%), and apartments (14%). The most active agency for houses in the Dandenong area is currently Ray White, representing 30% of new listings, followed by Barry Plant with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.