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.
T/A Sole Trader
A.R.E.I., CEA – Member R.E.I.V
Licensed Estate Agent and Auctioneer
0408 997 938
|Address||12 Wedge Street|
|Open for inspection||Saturday, 11.00am - 11.30am|
|Auction||Saturday, 6 May, 11.00am|
|Contact agent||Ruby Vo, 0404 884 253|
|Agency||AREA SPECIALIST, 8586 6411|