7 masters Street, Dandenong, Vic 3175

$795,000 - $874,000 - 5 UNIT SITE STCA

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
698 m²
Area

Published on Friday, June 26, 2026 ( See property details for 7 masters Street, Dandenong, Vic 3175)

$795,000 - $874,000 - 5 UNIT SITE STCA

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

A prime development opportunity on a 698m² allotment in a rapidly evolving Dandenong neighbourhood, ideal for builders, investors, and land bankers.

🏡 Property Highlights

  • Substantial 698m² allotment with strong development potential (STCA)
  • Adjacent property successfully redeveloped into five modern townhouses
  • Located in a rapidly transforming Dandenong pocket with ongoing urban renewal
  • Excellent connectivity to shopping, transport, schools, and parklands
  • Surrounded by quality townhouse developments indicating high demand for medium-density housing
  • Close proximity to Dandenong's major amenities including Dandenong Plaza and Market

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Balcony
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
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7 masters Street
Dandenong, VIC 3175
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Vertical aerial view — 7 masters Street
7 masters Street — Vertical Aerial  •  Dandenong, VIC 3175  •  Nearmap © 2026

Dandenong is a vibrant and rapidly evolving suburb renowned for its strong community, diverse amenities, and ongoing urban renewal projects. Key highlights include excellent transport links, proximity to major employment hubs, and a variety of parks and recreational facilities. The area offers significant growth potential for investors and developers, supported by government initiatives and a high demand for medium-density housing. Its established infrastructure and expanding amenities make Dandenong an attractive location for both living and investment.

What is the development potential of this property?
The property offers excellent development potential (STCA), with the adjoining property successfully redeveloped into five townhouses, indicating strong prospects for medium-density housing projects.
What amenities are nearby?
The property is close to Dandenong Plaza, Dandenong Market, train station, major bus services, schools, parks, and recreational facilities, providing convenient access to daily essentials and lifestyle options.
Is there any ongoing urban renewal in the area?
Yes, the area is part of the Victorian Government's Revitalising Central Dandenong initiative, a multi-billion-dollar project aimed at delivering new homes, jobs, and upgraded infrastructure.
What are the future growth prospects for this location?
The suburb's ongoing redevelopment, high demand for medium-density housing, and government initiatives suggest strong future growth and investment potential.
Are there any restrictions or approvals needed for development?
Development is subject to council approval (STCA). It is advisable to consult with local planning authorities for specific zoning and development regulations.
Are there any zoning restrictions or easements affecting the property that could impact development plans? Has a recent survey or soil test been conducted to identify potential site issues? Are there any existing planning permits or approvals in place for redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could affect the property’s value or development potential? What are the strata or body corporate considerations if developing multiple dwellings? Are there any hidden costs associated with site preparation or infrastructure upgrades? Has the property been inspected for structural issues or other defects? Are there any restrictions on building height or design due to local planning policies? What are the long-term zoning plans for this area that could influence future development?

7 masters Street, Dandenong, Vic 3175 - More Details

$795,000 - $874,000 - 5 UNIT SITE STCA

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
698 m²

Price guide

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