Positioned on a substantial 834 square meter block, this solid 3-bedroom, 1-bathroom home at 25 Hillside Avenue presents an exceptional investment opportunity in the heart of Dandenong North. The generous land size offers tremendous scope for future development (STCA), making this property a standout choice for astute investors and developers seeking maximum potential returns.
With rental income of $2,300 monthly, this property sits in a highly sought-after location just moments from essential amenities. The strategic positioning places you within easy reach of Chisholm TAFE, making it perfect for student accommodation or professionals seeking educational proximity. The nearby hospital ensures medical facilities are always accessible, while major supermarkets and shopping centers provide convenient daily necessities.
Key investment highlights include:
• Expansive 834m² block offering significant development potential (STCA)
• Solid rental returns from established 3-bedroom home
• Prime location near Chisholm TAFE, hospital, and major shopping
• Single garage plus additional parking space
• Established residential area with strong growth prospects
The existing home features three comfortable bedrooms and a practical bathroom layout, providing immediate rental appeal while you plan for future development. The single garage and additional parking accommodate multiple vehicles, always a desirable feature for tenants and future residents.
Dandenong North's strategic location offers excellent connectivity via the nearby Monash and Eastlink Freeways, making this an attractive proposition for tenants commuting to Melbourne CBD or surrounding employment hubs. The area's diverse community and established infrastructure, including quality schools like Lyndale Secondary College and Wooranna Park Primary School, ensure strong ongoing rental demand.
The suburb boasts excellent recreational facilities including Dandenong Stadium, one of Victoria's premier sporting venues, and various parks and sporting clubs that enhance the area's live ability. This combination of amenities creates a stable rental market while the substantial land size positions you perfectly for future capital growth through potential development opportunities.
Whether you're seeking immediate rental returns, long-term capital appreciation, or development potential, this property delivers on all fronts. The rare combination of generous land size established income stream, and proximity to major amenities like Chisholm TAFE and hospital facilities makes this an opportunity not to be missed in today's competitive investment market.
