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196 Foster Street East, Dandenong, Vic 3175 For Sale

196 Foster Street East, Dandenong, Vic 3175

$795,000 - $870,000 INSPECT NOW

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
651 mΒ²
Area

Published on Monday, October 12, 2026 ( See property details for 196 Foster Street East, Dandenong, Vic 3175)

$795,000 - $870,000 INSPECT NOW

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in central Dandenong offering excellent development potential, current rental income, and prime location convenience.

🏑 Property Highlights

  • Substantial 651m² approx. landholding with development potential
  • Located in the desirable General Residential Zone – Schedule 3 (GRZ3)
  • Existing weatherboard home currently leased at approximately $500 per week
  • Outstanding future development possibilities (STCA)
  • Prime central Dandenong location close to amenities
  • Easy access to Dandenong Plaza, Market, RSL, public transport, and major roads

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Pet-Friendly
  • Internal Laundry
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196 Foster Street East
Dandenong, VIC 3175
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Vertical aerial view β€” 196 Foster Street East
196 Foster Street East — Vertical Aerial  •  Dandenong, VIC 3175  •  Nearmap © 2026

Dandenong is a vibrant, well-established suburb known for its diverse community, excellent amenities, and strong growth prospects. It offers easy access to shopping, public transport, and major arterial roads, making it ideal for investors and developers seeking a high-potential location. The area combines affordability with future development opportunities, ensuring long-term value appreciation.

What are the potential uses for this property under current zoning?
The property is zoned General Residential Zone – Schedule 3 (GRZ3), allowing for potential multi-unit development (STCA), subject to council approvals.
Is the existing weatherboard home suitable for renovation or leasing?
Yes, the current weatherboard home is leased at approximately $500 per week and can be renovated or occupied while exploring future development plans.
What amenities are nearby this property?
The property is conveniently located close to Dandenong Plaza, Dandenong Market, RSL, local schools, public transport, and major road links including Princes Highway.
Are there any restrictions or approvals required for future development?
Yes, any future development is subject to relevant council approvals and requirements (STCA).
What is the current rental income and potential for future income?
The property is currently leased at approximately $500 per week, with potential for increased income depending on future development or renovation.
Are there any existing planning restrictions or easements on the property that could affect development plans? Has a recent building or pest inspection been conducted, and are there any known defects? Are there any upcoming council or community planning activities that could impact the property's value? What are the zoning regulations and height restrictions for multi-unit development (STCA)? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any strata or body corporate considerations if subdivided or developed? Are there any nearby construction projects or planned developments that could affect the property? What are the total costs involved in obtaining necessary approvals for future development? Is there any history of environmental issues or contamination on the land? Are there any restrictions on property use or specific covenants associated with the land?

196 Foster Street East, Dandenong, Vic 3175 - More Details

$795,000 - $870,000 INSPECT NOW

Positioned just moments from the heart of Dandenong, this substantial 651mΒ² approx. landholding presents an exciting opportunity for developers, investors or those looking to secure a property with outstanding future potential.

Zoned General Residential Zone – Schedule 3 (GRZ3), the property offers exciting possibilities for multi-unit development (STCA), while the existing weatherboard home provides the opportunity to lease, renovate or occupy while you explore future plans.
Conveniently located within easy reach of Dandenong Plaza, Dandenong Market, RSL, local schools, public transport and major road links, the position provides the perfect combination of convenience and future potential.

Property highlights:
651mΒ² approx. landholding
General Residential Zone – Schedule 3 (GRZ3)
Existing weatherboard home
Currently leased at approximately $500 per week
Outstanding potential for future development (STCA)
Excellent central Dandenong location
Close to Dandenong Plaza, Market, RSL and public transport
Easy access to major arterials and Princes Highway

Ideal opportunity for developers, investors or home buyers

Whether you're looking to develop, invest or secure a substantial parcel of land in a tightly held location, this property represents an opportunity not to be overlooked.
Inspect and explore the possibilities today.

For Sale: $795,000 – $870,000

All development potential is subject to relevant council approvals and requirements (STCA).

Selling? Get GR8. Get SOLD! Trustworthy - Transparent - Proven Results

All information contained herein is gathered from relevant third-party sources. We cannot guarantee or provide any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
651 mΒ²

Map & nearby places — 196 Foster Street East, Dandenong, Vic 3175

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