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1-7/5 Vizard Street, Dandenong

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$2,100,000-$2,310,000

7 One-Bedroom Units – Buy One or Buy the Entire Portfolio!

An exceptionally rare opportunity to secure one, several or all seven separately titled one-bedroom units in one of Melbourne's fastest-evolving activity centres. Whether you're looking to purchase your first investment, expand your portfolio or acquire an entire income-producing residential complex, this offering provides outstanding flexibility and immediate cash flow. Investment Highlights: - 7 separately titled one-bedroom units - Buy 1, several or the entire portfolio - Existing tenancies in place - Current rental returns ranging from $1,304 pcm to $1,564 pcm - Opportunity to increase rents (subject to market conditions and Victorian tenancy legislation) - Strong demand for affordable rental accommodation - Flexibility to retain, refinance or sell individual units in the future Outstanding Central Location Perfectly positioned in the heart of Dandenong, 5 Vizard Street places renters within walking distance or a short drive of: - Dandenong Square for major retail, supermarkets, dining and everyday convenience. - Dandenong Market, one of Melbourne's largest and most diverse fresh food markets. - Dandenong Train Station and the central bus interchange, providing excellent public transport connections. - Dandenong Hospital and surrounding medical precinct. - Dandenong Primary School, St Mary's Primary School and Dandenong High School. - Dandenong Park and numerous sporting and recreational facilities. - Easy access to the Monash Freeway, EastLink and Princes Highway, making commuting throughout Melbourne simple. Why Invest in Dandenong? Dandenong continues to benefit from significant public and private investment, ongoing infrastructure upgrades and major urban renewal projects, supporting long-term demand for well-located residential property. The proposed multi-billion-dollar revitalisation of the Dandenong Market precinct is expected to further enhance the area's appeal, bringing new housing, retail, dining and public spaces to Melbourne's south-east. SMSF Investors – Don't Miss This Opportunity With changes to SMSF borrowing rules commencing on 10 August 2026, investors wishing to utilise SMSF borrowing for residential property have a limited window to act. This portfolio presents a rare opportunity to secure an established, income-producing residential investment before the new borrowing restrictions commence. Buyers should seek independent financial and legal advice regarding their individual circumstances. Investment opportunities offering seven separately titled units with immediate income and the flexibility to purchase individually or as a complete portfolio are exceptionally rare. Contact us today for the Information Memorandum, current tenancy schedule and inspection arrangements. Disclaimer: We have taken every reasonable effort to ensure the accuracy of the information provided in this advertisement. However, we cannot guarantee its correctness and accept no responsibility for any errors or omissions. Interested parties should make their own enquiries and conduct their own due diligence to verify the information contained herein.

Principal
Real Estate Agent
Property information
Property ID
222P662537
Property type
Block Of Units
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Get to know the area.

Proudly regarded as the most multi-cultural suburb in Australia, Dandenong is located south-east of Melbourne, on the northwest bank of the lower Dandenong Creek and just a 40 minute drive from the sunny beaches of Mornington Peninsula. ‘Dandenong’ takes its name from a creek flowing from the Dandenong Ranges and is possibly a deviation of the Aboriginal word ‘Tanjenong’ meaning lofty mountain. The area offers a peaceful alternative to the hustle and bustle of Melbourne and has a central business hub, plenty of employment opportunities and the stunning Dandenong Ranges only 21.6 kms away.

Your local office.

One of the most professional and innovative real estate agencies in the region, Hockingstuart Dandenong is dedicated to delivering exceptional customer service with professionalism, integrity and outstanding results.

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Thank you for your interest in 1-7 5 Vizard Street, Dandenong, VIC 3175. To receive a copy of the contract via email, please fill in your details below.

 

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