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Executive Summary

Positioned in the heart of Dandenong’s rapidly evolving urban precinct, 21 Station Street represents a rare opportunity to secure a flexible property with both immediate utility and exceptional redevelopment potential. Set within the Comprehensive Development Zone – Schedule 2 (CDZ2), this site opens the door to high-density residential, mixed-use, or commercial projects (STCA), offering buyers a strategic foothold in one of Melbourne’s most dynamic growth locations.
The property consists of a 1920s character-style home, liveable now and ideal for a work-from-home configuration or immediate occupancy while planning your next venture. Complementing this is a range of functional outbuildings including a partly open shed with mezzanine office, storage container, and gravel hardstand yard, creating versatility for light industrial, office, or depot operations.

Property Facts

Price $601,335
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 0.16 AC

1 Lot Available

Lot

Price $601,335
Price Per AC $3,743,629.07
Lot Size 0.16 AC

21 Station Street Dandenong offers a rare CDZ2 development site with 650 m² of land, featuring a character home, shed, and storage areas. Ideal for mixed-use or residential redevelopment, minutes from transport, CBD, and major arterials. STCA

Description

The property at 21 Station Street, Dandenong comprises a landholding of approximately 650 m² situated within the Comprehensive Development Zone – Schedule 2 (CDZ2). This zoning provides significant flexibility for future redevelopment into commercial, mixed-use, or high-density residential projects, subject to council approval. Currently, the site includes a period-style 1920s dwelling offering multiple rooms, heating systems, and livable amenities, as well as ancillary improvements such as a partly open shed with mezzanine office, storage container, and gravel hardstand yard. These features support immediate usability for light industrial, office, or storage purposes while planning longer-term redevelopment.

  • Listing ID: 40357246

  • Date on Market: 5/1/2026

  • Last Updated:

  • Address: 21 Station St, Dandenong, VIC 3175

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