WELL ADVANCED 107-UNIT APARTMENT PROJECT IN MELBOURNE’S SOUTHEAST
Stonebridge Property Group, acting under instructions from receivers and managers, Grant Thornton, is pleased to present for sale 27 Scott Street, Dandenong, a well-advanced 14-level building incorporating 107 apartments, 6 retail tenancies and parking.
Extensive works have been made on the site – concrete columns (up to level 13) have been completed, fire stairs (up to level 12) have been poured & fire, electrical, plumbing and window installation has commenced.
The property is situated within the Dandenong Activity Centre, in proximity to major retail hubs and transportation infrastructure, providing an excellent opportunity for a builder or developer to complete the project.
The key highlights of the opportunity include:
- Well advanced 14-level apartment project comprising 107 units, 6 retail tenancies + parking
- 1,200 sqm* CDZ corner landholding with a combined 68 m* dual street frontage
- Surrounded by major retail amenities including Revitalising Central Dandenong urban renewal project, Dandenong Square Shopping Mall (400 m*), Dandenong Market (375 sqm*), Coles Dandenong (375 sqm*) along with other essential retail and boutique outlets
- Proximity to excellent health services including Dandenong Hospital (1.25 km*) and Eastern Medical Centre (1 km*)
- Immediate access to Dandenong Train Station (375 m*) and bus lines along Lonsdale Street which provide direct Melbourne CBD and eastern suburb access
- A range of quality schools in the precinct: Dandenong Primary School (750 m*), Dandenong High School (500 m*), Dandenong West Primary School (1 km*), and Haileybury College (5.75 km*)
- Dandenong median house price has demonstrated impressive growth, increasing by 4.46% p.a. over the past five years. This growth significantly outpaced that of Metropolitan Melbourne, which recorded an increase of only 1.67% over the same period^
- Opportunity for a builder, developer or investor to complete and sell/rent the project
27 Scott Street, Dandenong is offered for sale via Expressions of Interest closing Thursday 27th February 2025 at 2pm (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
+61 422 764 137
Andrew Milligan
+61 421 559 992
Chao Zhang 张超
+61 411 625 068
*Approximately
^ REIV
Property Code: 1150
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