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The Island, Dandenong, VIC 3175

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The Island, Dandenong, VIC 3175

Properties / Buy / Victoria / Dandenong
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Sub Type
Land Site
Land Area
8.36 hectares (*approx)
Selling Method
EOI: Contact Agent
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2. Property Highlights

UNPRECEDENTED 8.36HA* OFFERINGS OF UNEQUIVOCAL POSSIBILITY
  • Landmark development opportunity
  • Substantial total frontage of 775m*
  • 8.36ha* offering within proven precinct

CBRE are delighted to present For Sale ‘The Island’ Dandenong, parcels A & B comprise a momentous 8.36ha* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).

‘The Island’ offers unmatched exposure within the thriving Dandenong commercial activity centre, one of only seven National Employment and Innovation Clusters (NEIC) statewide.

‘The Island’ comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:

+ A landmark 8.36ha* island site comprising an unrepeatable level of highly strategic significance in the heart of Melbourne’s booming South East growth corridor

+ A collection of multiple titles fully optimised and offered together across two (2) parcels forming an unprecedented opportunity for a world class development offering (STCA)

+ A highly seldom Island Site opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility

+ Highly prominent total frontage of 775m across Princes Highway, Heatherton Road, Heatherton Link Road, and Adelaide Street, providing substantial exposure to over 60,000 passing vehicles daily, and seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings at the juncture of Princes Highway, The Eastlink Freeway, and Heatherton Road

+ Positioned on the doorstep of one of Victoria’s largest retail and commercial activity centres, underpinned by projected population growth of 28,000* new residents across the next 10 years (1.2% growth p/a), and a $4.1 billion* increase in Gross Regional Product between 2017-2022

‘The Island’ Dandenong, parcels A & B are being formally offered individually or together via International Expressions of Interest campaign closing Tuesday 12th November at 2:00pm (AEDT).

All enquiries regarding ‘The Island’ should be directed to the exclusive sales agents below:

Trent Hobart

+61 433 196 452

trent.hobart@cbre.com

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

Chris O'Brien

+61 407 664 233

chris.o'brien@cbre.com.au

David Aiello

+61 412 502 596

david.aiello@cbre.com.au

* Denotes Approximate

* City of Greater Dandenong

* Ethos Urban

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial, Mixed Use
Sub-type
Land Site
Land Area
8.36 hectares (*approx)
Selling method
EOI: Contact Agent

2. Property Highlights

UNPRECEDENTED 8.36HA* OFFERINGS OF UNEQUIVOCAL POSSIBILITY
  • Landmark development opportunity
  • Substantial total frontage of 775m*
  • 8.36ha* offering within proven precinct

CBRE are delighted to present For Sale ‘The Island’ Dandenong, parcels A & B comprise a momentous 8.36ha* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).

‘The Island’ offers unmatched exposure within the thriving Dandenong commercial activity centre, one of only seven National Employment and Innovation Clusters (NEIC) statewide.

‘The Island’ comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:

+ A landmark 8.36ha* island site comprising an unrepeatable level of highly strategic significance in the heart of Melbourne’s booming South East growth corridor

+ A collection of multiple titles fully optimised and offered together across two (2) parcels forming an unprecedented opportunity for a world class development offering (STCA)

+ A highly seldom Island Site opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility

+ Highly prominent total frontage of 775m across Princes Highway, Heatherton Road, Heatherton Link Road, and Adelaide Street, providing substantial exposure to over 60,000 passing vehicles daily, and seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings at the juncture of Princes Highway, The Eastlink Freeway, and Heatherton Road

+ Positioned on the doorstep of one of Victoria’s largest retail and commercial activity centres, underpinned by projected population growth of 28,000* new residents across the next 10 years (1.2% growth p/a), and a $4.1 billion* increase in Gross Regional Product between 2017-2022

‘The Island’ Dandenong, parcels A & B are being formally offered individually or together via International Expressions of Interest campaign closing Tuesday 12th November at 2:00pm (AEDT).

All enquiries regarding ‘The Island’ should be directed to the exclusive sales agents below:

Trent Hobart

+61 433 196 452

trent.hobart@cbre.com

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

Chris O'Brien

+61 407 664 233

chris.o'brien@cbre.com.au

David Aiello

+61 412 502 596

david.aiello@cbre.com.au

* Denotes Approximate

* City of Greater Dandenong

* Ethos Urban

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

The Island, Dandenong, VIC 3175

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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