Located only minutes from Dandenong Central and Plaza retail precincts, this highly valuable 1,438sqm land holding is an outstanding offering.
Represented by the Century 21 Clayton team of James Delis and Con Katos this site offers a rare future development opportunity to construct 10 townhouses.
Consisting of a double block site, the stamped plans and approved permits allow for 5 x 3 bedroom and 5 x 2-bedroom town-homes.
With a median house price of $505,000 (compound annual growth rate of 5.8%), and a median unit price of $317,000 (annual capital growth of 6.44%), Dandenong is certainly a consistent and dependable growth market.
Overall, this site is perfectly located, very close to popular Dandenong residential and retail precincts. Parklands are also within easy walking distance as is the Dandenong railway station and various schools.
" A large site offering like this one is rare - its location has many lifestyle options plus Dandenong property prices have demonstrated a consistent growth patern over the last 5-years. This permit approved development opportunity for 10 town-homes clearly makes this sale offering an ideal investment opportunity” - James Delis, Century 21.
Summary:
- Highly valuable landholding of 1,438 sqm
- Double block site
- Stamped plans and approved permits for 5 x 3 bedroom and 5 x 2-bedroom town-homes
- Close to prime retail, transportation and education options
- Please note that all financials, measurements and distances quoted are approximate only.
18-20 Wilma Avenue, Dandenong is offered for Sale.
For further information, please contact Century 21:
James Delis: 0405 011 240, Con Katos: 0416 002 222
