Back 3/2 James Street
Off Market

3/2 James Street

Dandenong VIC 3175

2
2
1
Apartment
Last sold for $237,500
David PhuaDavid Phua, last sold this property on 07 September 2025 after 60 days on market.

Overview

Investment Opportunity at Your Doorsteps! **CURRENTLY RENTED FOR $1,443.11 PER MONTH (GUARANTEED RENT)**

*** Cannot be used as an owner occupier property *** *** INVESTORS ONLY*** 2 bed 2 bath Investment walking distance to Hospital, Dandenong Market and TAFE. ** Please note that this is a Quest Service Apartment ** https://www.questapartments.com.au/properties/vic/dandenong/quest-dandenong Quest Dandenong is ideally located a mere 1 Km from both Chisholm Tafe and Dandenong Hospital and walking distance to Dandenong market and the central shopping, dining and entertainment precinct. With Sandown Racecourse only 13 minutes' drive away and an array of Indoor Sporting complexes including Keysborough Golf Course all within close proximity, with rents paid regardless of occupancy, no management or letting fees, and all council, water rates and owner's corporation admin levies paid by the hotel. This Two Bedroom apartment will impress with its entry level buying point and minimal outgoings providing a solid net yield to investors. With a spacious master bedroom complete with king size bed and full ensuite to master. Modern kitchen with white stone benchtops and stainless steel appliances, including dishwasher adjoins the open plan meals and family room area. Guests will enjoy the outdoor balcony and onsite communal inground swimming pool, recently refurbished with frameless glass fencing, and undercover BBQ area. With car park on title, and only a short walk to Dandenong CBD including markets, restaurants, transport, shopping and industries. The building attracts and consistent and steady flow of both corporate, leisure and insurance clients. Quest Hotel pay all Council Rates, Water Rates, Water Usage, Electricity Usage, Building Insurance, Common Area public liability and Owners Corporation Admin Levies. Extra features you might love: - Pool and BBQ amenities - Secured entrance with reception - Daily room cleaning and maintenance - Luxury living in main Dandenong CURRENT RENT $332 per week, $17,317.32 per annum (approx.) RETURN: 6.60% gross (approx.) Rent Increases: 4% pa (approx.), market review every 5 years

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Dandenong over the last 12 months, the estimated median property value of 3/2 James Street is $365k.

Median value
$365k
Estimated value range
$226k - $645k
Median days on market
30
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dandenong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/2 James Street

2025
Sold
$237,500
07 Sep 2025 by David Phua, of Hall & Partners First National - Dandenong

Happy sellers in Dandenong

87%
87% of sellers in Dandenong reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 137 reviews in Dandenong over the last 12 months.

Local market activity for 2 bedroom apartments in Dandenong

In the last 12 months, 120 two-bedroom apartments similar to 3/2 James Street, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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