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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.
