Ray White Dandenong proudly presents this golden opportunity to any developer/builder looking to start a highly rewarding project in the heart of Dandenong. This unique development site sitting on a block of 828m2 offers plans, permits, and engineering drawings approved for 2 double storey dwelling and 1 single storey dwelling. Utilising the space available exceptionally well, this project ensures maximum return on investment. All the hard work has been done for one lucky buyer.
No matter which way you look at this project it's a winner, develop and lease or develop and sell, there is money to be made either way. This is a perfect project for a builder or savvy investor.
The following 3 properties offer:
- Lot 1 Double Storey - 3 bedrooms, 2 Living , 2 bathrooms, 3 toilets, single garage
- Lot 2 Double Storey - 2 bedrooms, study, 1 bathroom, 2 toilets, single garage
- Lot 2 Single Storey- 3 bedrooms, 2 bathrooms, 1 Living, 1 Carport
Potential Selling value once completed:
- Lot 1 Double Storey - Estimated value $700,000-$770,000.
- Lot 2 Double Storey- Estimated value $600,000-650,000.
- Lot 2 Single Storey- Estimated value $680,000-$730,000.
Potential Rental return once completed for 3 bedrooms will be $630 - $670 per week and for 2 bedrooms will be $530-$560 per week.
Either take advantage of this great opportunity or take advantage of this prime location which allows many more alternatives such as a child care facility, medical centre and much more STCA.
Located in the heart of Dandenong, it doesn't get more convenient than this, you are opposite the Dandenong Station within walking distance to the Dandenong Plaza, Dandenong Market, Hemmings St Shops, Chisholm Tafe, Recreational Facilities, an abundance of Pre-Schools, Primary and High Schools.
Call Fatima Rezai 0412 708 141 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 inquiries.
