Permit Approved Development Moments From Dandenong CBD

Description

Burgess Rawson and Gross Waddell ICR are pleased to offer to the market 2-8 Olive Street, Dandenong for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Expansive 3,402 sqm* site that is rectangular in shape and features a frontage of 73m*

+ Permit approved development for 17 architecturally designed double storey townhouses including 9x 4 bedrooms and 8x 3 bedrooms

+ Valuable General Residential zoning (GRZ1) provides excellent scope for development

+ Thoughtfully designed residential estate with all units including storage area, two (2) car spaces and a combined building area (site coverage) of 1,517 sqm* (44.6%)

+ Strategic position only 300m* from Dandenong CBD and moments to Princes Highway, Cheltenham Road, Dandenong Valley Highway, Heatherton Road, Monash Freeway and Eastlink

+ Dandenong: Popular south-eastern metropolitan suburb only 28km* from Melbourne CBD with a median price of $697,000^

+ City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036** supporting 114,506 jobs with an annual economic output of $57.2 billion.***

The property is for sale via Private Treaty.

To discuss this property further, please contact any of the exclusively appointed agents below.

*Approx
** Victoria in Future 2023
*** REMPLAN
^RealEstate.com.au

Enquire

Contact agents
Zomart He 何梓轩 Partner
0488 220 830
David Napoleone Senior Sales Executive
0417 308 067
Enquiry Form

Dandenong, VIC

2-8 Olive Street

For Sale by Expression of Interest

This property is part of Portfolio 168

Price: Contact Agent

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