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Back 1-3/249 Gladstone Road
Off Market

1-3/249 Gladstone Road

Dandenong North VIC 3175

6
3
3
751 m²
Block of units
Last sold for $1,235,000
Burak GulBurak Gul, last sold this property on 14 November 2025 after 30 days on market.

Overview

OUTSTANDING OPPORTUNITY WITH EXPONENTIAL POTENTIAL!!

Ray White is proud to present this super rare and once in a lifetime opportunity in the heart of Dandenong North. Sitting on approximately 751m2 of prime soil, this property holds exponential future potential for development. Now is the time to take advantage of this goldmine and secure your long-term future. This well-maintained unit complex presents an outstanding investment opportunity, with two of the three units currently leased, Unit 1 at $1,651 PCM and Unit 3 at $1,521 PCM. There is strong potential to secure new leases at $420-$460 per week, increasing the total annual rental income from approximately $56,316 to between $65,520 and $71,760. Each unit features two spacious bedrooms, one bathroom, and an allocated car space, offering comfortable living and solid long-term rental appeal. It doesn't get more central than this! Walking distance to Brady road shops, Lyndale high school, Lyndale primary school, Waverly Gardens Shopping Centre, public transport, close proximity to Dandenong's CBD and convenient freeway access to both Eastlink and Monash Freeways. This gem will not last long with the location and features like this, we highly recommend you act soon before you see a SOLD sticker on the board!! Auction: 15/11/25 @ 10.30AM Location: On site Settlement: 30/45/60 Days Deposit: 5%-10% Call Burak Gul or Ben Jusufi for any further information! PLEASE NOTE: - Photo ID required at all open for inspections. - All information contained therein is gathered from relevant third-party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Features

6 bedrooms
3 bathrooms
3 carspaces
3 open car spaces
751 m² lot size
Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Dandenong North over the last 12 months.

Property history for 1-3/249 Gladstone Road

2025
Sold
$1,235,000
Auction Sale on 14 Nov 2025 by Burak Gul, of Fletchers Dandenong

Happy sellers in Dandenong North

94%
94% of sellers in Dandenong North reported that their sale price either exceeded or met their price expectations.

Dandenong North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 63 reviews in Dandenong North over the last 12 months.

Local market activity for 6 bedroom block of units in Dandenong North

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