.

This prime level block situated in the central location of Dandenong 600m walk to Plaza is truly rare opportunity for an astute investor or developer to acquire. It comes with an approved Town Planing Permit (TPP).
This TPP affords you, a discerning, willing and able buyer or investor the ability to commence construction of these 14 two-bedroom apartments in a matter of months.
The proposed complex will have a basement for car parking for 14 cars a lift from basement to top level. This is certainly, an outstanding opportunity for a developer to buy build in this fast redeveloping and rising suburb, and cash in or renting them for an average rent of $340pw you do the math.
Above all, a lucky purchaser would own this unique and prime land in a most sought-after lactation complete with a current TPP that currently could not be obtained as the zoning for this area has reverted back to Res 1.
So be sure you are this lucky and successful bidder on auction day.
The home is in its original condition (good) it includes double garage and is at the present time leased for $1300 pcm ($300pw) with tenants willing to stay on or vacate if need be.
To obtain more formal documentation and or information on this ideal investment/development property or inspect it, do not hesitate to call now or email anytime.

In conjunction with Vladimir Nogic J.P.
Nogic Group
T/A Sole Trader
A.R.E.I., CEA – Member R.E.I.V
Licensed Estate Agent and Auctioneer
0408 997 938


Details  
SuburbDandenong, 3175
Address12 Wedge Street
Bedroom3
Bathroom1
Garage2
Open for inspectionSaturday, 11.00am - 11.30am
AuctionSaturday, 6 May, 11.00am
Contact agentRuby Vo, 0404 884 253
AgencyAREA SPECIALIST, 8586 6411

Your first stop before buying a home. View the whole picture.

Properties & News

What an opportunity this home presents for the large family or extended family situation with six bedrooms, a study, and ...

Built and designed with luxury and entertaining in mind, this quality constructed four-bedroom plus study home sits proudly on a ...

Featuring a classically styled Australian homestead, this remarkable lifestyle property has attributes to please all in the family. From its ...

This outstanding investment opportunity is one of three adjoining properties. Situated in the heart of Berwick, the area is about ...

Don’t miss the opportunity to own this well-presented home packed with possibility. The home comprises three bedrooms, master with ...

Approximately 600 square metre corner block, four-bedroom, two-bathroom home with Baltic pine flooring, blackwood kitchen with stainless steel cooker and dishwasher, ...