Presenting an exceptional and increasingly rare development opportunity in one of Central Dandenong's most sought-after locations. Set on a prominent corner allotment of approximately 949m².
This substantial property comprises two separate homes on one title, offering immediate rental income and outstanding future potential.
The existing residences include a 2-bedroom home and a 3-bedroom home, both currently tenanted and generating a combined rental return of approximately $41,600 per annum, with scope for future rental growth.
Whether you're a developer, investor, or owner-occupier, this versatile property presents an outstanding opportunity with the potential to develop up to 5 townhouses (S.T.C.A.).
Alternatively, build your dream home on this generous corner allotment, redevelop the site to suit your vision, or retain the existing homes as income-producing investments while planning for the future.
Perfectly positioned just minutes from the heart of Dandenong, the property is within easy reach of Dandenong Plaza, Dandenong Market, Dandenong Hospital, quality schools, public transport, and an extensive range of shopping and dining amenities.
Corner development sites of this size and location are becoming increasingly scarce. Secure this outstanding opportunity and unlock the property's full potential.
Contact us today to arrange your inspection – opportunities like this are not to be missed.
