Lot 1398 - NDIS (SDA) Heatherton Road - Dandenong

Description

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Dandenong is a major regional centre nestled about 30–35 km southeast of Melbourne CBD, within the City of Greater Dandenong.

At the heart of Dandenong is Dandenong Market, one of Melbourne's largest and oldest markets, housing over 200 stalls and attracting more than 5 million visitors annually. The retail scene extends to Dandenong Plaza, offering major chains like Kmart, Target, TK Maxx, a cinema, and more ‒ along with multicultural arcades and “Little India” dining precinct. The suburb also hosts key civic amenities: Dandenong Hospital, Drum Theatre, a library, and the Dandenong Oasis Leisure Centre.

Educational institutions are plentiful, from local primaries through to tertiary. Highlights include Dandenong High School, one of the largest and most diverse public schools in Victoria, featuring a major redevelopment under the Education Precinct Project. There's also the Chisholm TAFE campus and a Deakin University learning centre .

Dandenong is well-served by public transport. The Dandenong railway station is a premium commuter hub on the Pakenham and Cranbourne lines, offering both Metro and V/Line services, with a 50-minute ride to Southern Cross Station. A major bus interchange services the area, and multiple major roads (M1, M3, Princes Highway) facilitate car travel. Ongoing upgrades include the Cranbourne/Pakenham line triplication and level crossing removals by 2025

Community and green spaces abound: Hemmings Park with its BMX/skate areas, the Dandenong Creek Trail, Tirhatuan Park, and the Dandenong Wetlands offer opportunities for outdoor recreation.The suburb also houses sports complexes like netball centers and the country’s largest indoor basketball/volleyball stadium

Dandenong is a dynamic southeast Melbourne hub offering an appealing mix of cultural diversity, strong transport links, affordable housing, vibrant retail, and robust community infrastructure. Though some perceptions linger around safety and limited nightlife, ongoing investment and redevelopment are reshaping the suburb into a compelling locale for families, professionals, students, and investors.

• Property Type: Cashflow PositiveNDISSMSF Single ContractTIC
• Property Stage:
• Price: $ 2,130,484.00
• Land Price: N/A
• Build Price: N/A
• Beds: 3
• Bath: 3
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 2
• Floor Plan: Hybrid Robust
• Completion: N/A
• Land Size: 626
• Area Size: 230.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 3783.00
• Est. Body Corp.: N/A
• Title Status:
• Gross Per Week: $ 3,783.00
• Gross Per Annum: $ 196,716.00
• Gross Yield: 9.23%
• Capital Growth 12 Months: -0.96%
• Capital Growth 10 Year Annualised: 5.53%
• Vacancy Rate: 0.55%