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7 masters Street, Dandenong, Vic 3175-Image

7 masters Street, Dandenong, Vic 3175

$700,000

House

Type

Bedrooms

Bathrooms

Parkings

698 m²

Area

Last updated on Tuesday, August 04, 2026 ( See property details for 7 masters Street, Dandenong, Vic 3175)

$700,000

View the agent price guide.

Matt Babet - Real Estate Agent - Babet Brothers - NARRE WARREN

Matt Babet DIRECTOR

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Zain Khan - Real Estate Agent - Babet Brothers - NARRE WARREN

Zain Khan Sales Associate

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AI Property Insight

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

Suburb and Property Insights of Dandenong, VIC 3175

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

$700,000

SOLD by the BABET BROTHERS!

Matt Babet: 0401 861 185

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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 scarce—inspect 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.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 698 m²

Price guide

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7 masters Street, Dandenong, Vic 3175

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