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551 and 553 Dandenong Road, Armadale, VIC 3143

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551 and 553 Dandenong Road, Armadale, VIC 3143

551 and 553 Dandenong Road, Armadale, VIC 3143

Properties / Sold / Victoria / Armadale
Development Potential

1. Property Summary

Property Type
Residential
Land Area
1,263 m² (*approx)
Selling Method
SOLD: ON-SITE TUESDAY DECEMBER 6TH AT 2.30PM
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2. Property Highlights

SOLD $4.91m - 6/12/2016 

An exceptional development opportunity in one of Melbourne's finest suburbs

551 & 553 DANDENONG ROAD, ARMADALE

+ Exceptional 1,263sqm* Armadale landholding over two titles plus rear laneway access

+ Highly favourable residential growth zone allowing for a four (4) level development (STCA)

+ High quality existing residential improvements offering potential holding income

+ Superior inner-east Melbourne location with strong sales confidence and median house price of $2,020,000** in Armadale

+ Fabulous retail and dining amenity offered at nearby Malvern Central (350m*) comprising a David Jones and Woolworths supermarket plus Glenferrie road, Malvern retail village

+ Excellent local amenity with picturesque Caulfield park only 700m* away, renowned Cabrini Hospital 950m* and Monash university 2km*

+ Direct access to Melbourne CBD with Malvern train station only 600m* or the 64 tram route on your doorstep, plus the Monash freeway

THE PROPERTY WILL BE OPEN FOR INSPECTION:

WEDNESDAY 30TH NOVEMBER 2016 BETWEEN 1:30PM & 2:00PM

FOR SALE VIA PUBLIC ON-SITE AUCTION TUESDAY 6TH OF DECEMBER 2016 AT 2.30PM

For more information please contact the CBRE Victorian Development Sites team:

Julian White

+61 422 764 137

David Minty

+61 422 564 199

Nathan Mufale

+61 416 789 218

*approx

**Source: Real Estate Institute of Victoria

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Land Area
1,263 m² (*approx)
Selling method
SOLD: ON-SITE TUESDAY DECEMBER 6TH AT 2.30PM

2. Property Highlights

SOLD $4.91m - 6/12/2016 

An exceptional development opportunity in one of Melbourne's finest suburbs

551 & 553 DANDENONG ROAD, ARMADALE

+ Exceptional 1,263sqm* Armadale landholding over two titles plus rear laneway access

+ Highly favourable residential growth zone allowing for a four (4) level development (STCA)

+ High quality existing residential improvements offering potential holding income

+ Superior inner-east Melbourne location with strong sales confidence and median house price of $2,020,000** in Armadale

+ Fabulous retail and dining amenity offered at nearby Malvern Central (350m*) comprising a David Jones and Woolworths supermarket plus Glenferrie road, Malvern retail village

+ Excellent local amenity with picturesque Caulfield park only 700m* away, renowned Cabrini Hospital 950m* and Monash university 2km*

+ Direct access to Melbourne CBD with Malvern train station only 600m* or the 64 tram route on your doorstep, plus the Monash freeway

THE PROPERTY WILL BE OPEN FOR INSPECTION:

WEDNESDAY 30TH NOVEMBER 2016 BETWEEN 1:30PM & 2:00PM

FOR SALE VIA PUBLIC ON-SITE AUCTION TUESDAY 6TH OF DECEMBER 2016 AT 2.30PM

For more information please contact the CBRE Victorian Development Sites team:

Julian White

+61 422 764 137

David Minty

+61 422 564 199

Nathan Mufale

+61 416 789 218

*approx

**Source: Real Estate Institute of Victoria

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354
David Minty
David Minty
+61 *** *** *** show +61 422 564 199
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354

Download Development Site Report
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354
David Minty
David Minty
+61 *** *** *** show +61 422 564 199
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354

3. Property Location

551 and 553 Dandenong Road, Armadale, VIC 3143

Property Map
Street View
551 and 553 Dandenong Road, Armadale, VIC 3143 Armadale
CBRE Melbourne
CBRE Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354
CBRE - Melbourne
CBRE - Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile
David Minty
David Minty
+61 *** *** *** show +61 422 564 199
Nathan Mufale
Nathan Mufale
+61 *** *** *** show +61 421 224 354