Prime Corner Development Site with Endless Potential!
Attention Developers, Investors & Land Bankers – Your Opportunity Awaits!
Positioned in the heart of Dandenong North, this substantial 883sqm (approx.) corner block offers a rare and versatile development opportunity in a General Residential Zone (GRZ). With two separate driveways and dual street frontages, this allotment is ideal for multi-unit townhouse development, a medical centre, or to simply hold and watch your investment grow.
Currently on the site are two separately tenanted dwellings featuring 3 and 2 bedrooms, each with a kitchen, bathroom, and their own secure private backyard—perfect for families with kids or pets. With a combined rental income of $2,346 per month, this property is a solid income earner while you plan your next move.
Strategically located within walking distance to Menzies Avenue Shopping Strip, Lyndale Secondary College, Lyndale Greens Primary School, and with easy access to Eastlink and Monash Freeways, this area is a family favourite and a hotspot for investors alike.
Key Features:
Huge 883sqm (approx.) corner allotment
GRZ zoning – suitable for townhouses or a medical centre (STCA)
Two existing income-producing residences
Two street frontages and dual driveways
Outstanding location close to schools, shops & major roads
Whether you're looking to develop now, land bank for future capital growth, or create a community health hub, the choice is yours. Opportunities like this in premium pockets of Dandenong North don’t come often—act quickly!
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Positioned in the heart of Dandenong North, this substantial 883sqm (approx.) corner block offers a rare and versatile development opportunity in a General Residential Zone (GRZ). With two separate driveways and dual street frontages, this allotment is ideal for multi-unit townhouse development, a medical centre, or to simply hold and watch your investment grow.
Currently on the site are two separately tenanted dwellings featuring 3 and 2 bedrooms, each with a kitchen, bathroom, and their own secure private backyard—perfect for families with kids or pets. With a combined rental income of $2,346 per month, this property is a solid income earner while you plan your next move.
Strategically located within walking distance to Menzies Avenue Shopping Strip, Lyndale Secondary College, Lyndale Greens Primary School, and with easy access to Eastlink and Monash Freeways, this area is a family favourite and a hotspot for investors alike.
Key Features:
Huge 883sqm (approx.) corner allotment
GRZ zoning – suitable for townhouses or a medical centre (STCA)
Two existing income-producing residences
Two street frontages and dual driveways
Outstanding location close to schools, shops & major roads
Whether you're looking to develop now, land bank for future capital growth, or create a community health hub, the choice is yours. Opportunities like this in premium pockets of Dandenong North don’t come often—act quickly!
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
