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7 Masters Street

Dandenong VIC 3175

3
1
2
698 m²
House
Currently for sale - view listing

Overview

PRIME DEVELOPMENT OPPORTUNITY

Please follow us on Facebook, YouTube, and Instagram for regular fresh content search "Babet Brothers Real Estate". 698m² Development Opportunity in a Rapidly Transforming Dandenong Pocket (STCA) Positioned in one of Dandenong's increasingly sought-after residential streets, 7 Masters Street presents an outstanding opportunity for developers, builders, investors and land bankers alike. Sitting on a substantial 698m² (approx.) allotment, this property is surrounded by a wave of quality townhouse developments, highlighting the area's strong demand for medium-density housing (STCA). Adding to its appeal, the adjoining property has already been successfully redeveloped into five modern townhouses, showcasing the development potential within this tightly held street. With neighbouring projects setting the benchmark, this is a rare chance to secure a sizeable parcel in an area undergoing significant transformation. Beyond the development upside, the location offers exceptional convenience. Just moments from the heart of Dandenong, you'll enjoy easy access to shopping, transport, schools and parklands, while benefiting from the Victorian Government's ongoing Revitalising Central Dandenong initiative, a multi-billion-dollar urban renewal project delivering thousands of new homes, jobs and upgraded public infrastructure. Property Highlights : Approx. 698m² allotment Excellent development potential (STCA) Next-door property successfully developed into 5 townhouses Wide appeal for developers, builders and investors Strong rental and future growth prospects Situated within an established residential neighbourhood experiencing continual redevelopment Outstanding Location Minutes to Dandenong Plaza & Dandenong Market Close to Dandenong Train Station and major bus services Easy access to Princes Highway, Monash Freeway and EastLink Short drive to Dandenong Hospital and major employment hubs Walking distance to parks, reserves and recreational facilities Nearby Schools Dandenong Primary School St Mary's Primary School St John's Regional College Dandenong High School Lifestyle & Amenities Dandenong Park Dandenong Creek Trail Dandenong Market Dandenong Plaza Cafés, restaurants and local shopping precincts Medical centres and essential services nearby Whether you're looking to build your next townhouse project, land bank for future growth, or secure a premium development site in one of Melbourne's fastest-evolving south-eastern suburbs, 7 Masters Street offers a compelling opportunity in a location where redevelopment is already well underway. Opportunities like this are becoming increasingly scarceinspect today and unlock the full potential of this exceptional Dandenong address. MATT BABET: 0401 861 185 ZAIN KHAN: 0424 033 786 Note: Although all care has been taken in preparing this advertisement some information has been provided by third parties, therefore no responsibility is accepted for any inaccuracies.

Features

3 bedrooms
1 bathroom
2 carspaces
698 m² lot size
House

Property history for 7 Masters Street

2012
Sold
Undisclosed
Private Sale/Treaty on 02 Oct 2012 by Tim Stickley, of Barry Plant Noble Park

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 126 reviews in Dandenong over the last 12 months.

Local market activity for 3 bedroom houses in Dandenong

In the last 12 months, 91 three-bedroom houses similar to 7 Masters Street, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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