1-3/249 Gladstone Road Dandenong North, VIC 3175

Ray White is proud to present this super rare and once in a lifetime opportunity in the heart of Dandenong North. Sitting on approximately 751m2 of prime soil, this property holds exponential future potential for development. Now is the time to take advantage of this goldmine and secure your long-term future.

This well-maintained unit complex presents an outstanding investment opportunity, with two of the three units currently leased, Unit 1 at $1,651 PCM and Unit 3 at $1,521 PCM. There is strong potential to secure new leases at $420-$460 per week, increasing the total annual rental income from approximately $56,316 to between $65,520 and $71,760.

Each unit features two spacious bedrooms, one bathroom, and an allocated car space, offering comfortable living and solid long-term rental appeal.

It doesn't get more central than this! Walking distance to Brady road shops, Lyndale high school, Lyndale primary school, Waverly Gardens Shopping Centre, public transport, close proximity to Dandenong's CBD and convenient freeway access to both Eastlink and Monash Freeways.

This gem will not last long with the location and features like this, we highly recommend you act soon before you see a SOLD sticker on the board!!

Auction: 15/11/25 @ 10.30AM
Location: On site
Settlement: 30/45/60 Days
Deposit: 5%-10%

Call Burak Gul or Ben Jusufi for any further information!

PLEASE NOTE:
- Photo ID required at all open for inspections.
- All information contained therein is gathered from relevant third-party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.