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5/116 Princes Hwy

Dandenong VIC 3175

2
1
1
Apartment
Currently for sale - view listing

Overview

Affordable Entry or Ready-Made Investment in Central Dandenong

An excellent opportunity for first-home buyers or investors, this spacious two-bedroom apartment offers affordability, convenience and immediate rental income in a highly accessible Dandenong location. The property features two generous bedrooms with built-in robes, spacious living area, adjoining kitchen and dining, functional bathroom with laundry facilities, reverse-cycle split-system heating and cooling, plus a dedicated single car space on title. For investors, the property is currently returning $390 per week ($780 per fortnight), with the tenancy transitioning to a periodic/month-to-month agreement from 31 October 2026, providing ongoing income with future flexibility. Property & Investment Details 2 bedrooms with built-in robes Spacious living and dining area Bathroom with laundry facilities Single car space on title Current rent: $390 per week Periodic/month-to-month tenancy from 31 October 2026 Owners Corporation: $2,400 per annum for 2026 South East Water: latest account $176.05, issued 22 June 2026 Superbly positioned close to Dandenong Plaza, Dandenong Market, Dandenong High School, Dandenong Hospital, Dandenong Train Station, buses and local shopping, with convenient access to Princes Highway and major arterials. A smart and affordable entry into Dandenong or an investment with rental income already in place. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Property history for 5/116 Princes Hwy

2025
Rented
Undisclosed
Leased on 16 Oct 2025 by Hall & Partners First National - Dandenong
2021
Rented
Undisclosed
Leased on 28 Sep 2021 by Hall & Partners First National - Dandenong
2019
Rented
Undisclosed
Leased on 16 Jun 2019 by Hall & Partners First National - Dandenong

Happy sellers in Dandenong

82%
82% 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 117 reviews in Dandenong over the last 12 months.

Local market activity for 2 bedroom apartments in Dandenong

In the last 12 months, 116 two-bedroom apartments similar to 5/116 Princes Hwy, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

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