Residential Property for Sale
- About this property
- Explore Dandenong
Approved Permit for 16 Apartments!Property ID 1576929Offered for sale for the first time is this blue chip parcel of prime real estate! Located in the heart of Dandenong CBD, corner block of 622sqm, and ready for development. Approved planning permits for 16 apartments (14 x 2 bedrooms and 2 x 1 bedrooms) All apartments with car parking.
The existing house comprises of 3 bedrooms, potential to lease for 12 months with rental income of $1040 per month, if you decide to make some changes to the plans. The downstairs 2 bedroom apartments are ideal for small home business (subject to council approval) MUZ of Dandenong cbd. (mixed used zone)
Location you cannot find a better location than this! Everything is at your fingertips. All amenities are available and it's an easy walk only 150m to Dandenong train station, close to Schools both primary and secondary schools and easy access to Eastlink and Monash freeways.
Calling all developers and builders! Sites like this are becoming increasingly harder to find.
Due diligence checklist - for home and residential property buyers