1707 Dandenong Rd,
Oakleigh East, VIC 3166

Development Sites & Land

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Key property information

Land area

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Map of 1707 Dandenong Rd

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Whole Block Of Flats With Future Development Upside

6 x 2 bedroom flats
Plans to add 6 more
Triple street frontage

Stonebridge Property Group is pleased to present for sale, 1707 Dandenong Road, Oakleigh East.

Key highlights:

- Block of 6 oversized 2-bedroom Oakleigh flats (all with private parking) that present a clear refurbishment angle & potential rental uplift for value-add investors

- Including a massive development upside with plans & application pending for an additional 6 flats to be constructed to complement the existing building

- Exceptional Oakleigh East median house price of $1,164,000 which is up 16% in 12 months

- Only 1.3 km* to Oakleigh's famous retail hub & 2.3 km* to Chadstone Shopping Centre

- Triple street frontage allowing for flexibility of access for future development and existing tenants

- Fully leased income of $104,000 per annum with clear potential for rental uplift

*Approximately.

1707 Dandenong road, Oakleigh East is for sale via On-Site Public Auction Friday 29th April 2022 at 12:30pm.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents,

Stonebridge Property Group:

Dylan Kilner
0459 396 3...

Max Warren
0488 296 8...

Chao Zhang
0411 625 0...

Property Code: 386

Oakleigh East, 3166 demographic data

The median household income for Oakleigh East is $1,951, 3% higher than Greater Melbourne's household income of $1,901. Oakleigh East has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 49% of property owners in Oakleigh East have a mortgage.

6,804

Population

$1,951 per week

Median household income

35 years

Median age

Owners

Most residents

Families

Most households

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141