2-8 Olive Street,
Dandenong, VIC 3175
Development Sites & Land
Price information
Sale
Contact Agent
Key property information
Land area
Tenure type
Private inspections
to arrange a private inspection.
Map of 2-8 Olive Street
Train stations within 5 km of 2-8 Olive Street, Dandenong, VIC 3175 Distance Dandenong Station 1.2 km Yarraman Station 2.2 km Noble Park Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 2-8 Olive Street, Dandenong, VIC 3175 Distance Ann St/Cleeland St (Dandenong) 136 m Herbert St/Cleeland St (Dandenong) 189 m Cleeland Street Medical Centre/Cleeland St (Dandenong) 202 m Dandenong Hospital/Cleeland St (Dandenong) 306 m Dandenong Marketcleeland St 411 m POWERED BY HERE ©
POWERED BY HERE ©
Permit Approved Development Moments From Dandenong CBD
- Prime 3,400 sqm* Site
- DA for 17 Townhouses
- Valuable GR1 Zoning
Burgess Rawson and Gross Waddell ICR are pleased to offer to the market 2-8 Olive Street, Dandenong for sale.
This opportunity has the following key investment highlights:
• Expansive 3,402 sqm* site that is rectangular in shape and features a frontage of 73m*
• Permit approved development for 17 architecturally designed double storey townhouses including 8 x 3 bedrooms and 9 x 4 bedrooms; with a blended average townhouse size of 187 sqm*
• Valuable General Residential zoning (GRZ1) spread across 4 existing house lots, providing the ultimate in flexibility & upside
• Thoughtfully designed residential development with all units including storage area, two (2) car spaces and the ultimate of indoor and outdoor living
• Boasting short term holding income via month to month residential tenancies, returning $75,840 pa*
• Strategic position only 300m* from Dandenong CBD and moments to Princes Highway, Cheltenham Road, Dandenong Valley Highway, Heatherton Road, Monash Freeway and Eastlink
• Dandenong: Popular south-eastern metropolitan suburb only 28km* from Melbourne CBD with a median price of $697,000^
• City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036** supporting 114,506 jobs with an annual economic output of $57.2 billion.***
To discuss this property further, please contact any of the exclusively appointed agents below.
*Approx
** Victoria in Future 2023
*** REMPLAN
^RealEstate.com.au
This opportunity has the following key investment highlights:
• Expansive 3,402 sqm* site that is rectangular in shape and features a frontage of 73m*
• Permit approved development for 17 architecturally designed double storey townhouses including 8 x 3 bedrooms and 9 x 4 bedrooms; with a blended average townhouse size of 187 sqm*
• Valuable General Residential zoning (GRZ1) spread across 4 existing house lots, providing the ultimate in flexibility & upside
• Thoughtfully designed residential development with all units including storage area, two (2) car spaces and the ultimate of indoor and outdoor living
• Boasting short term holding income via month to month residential tenancies, returning $75,840 pa*
• Strategic position only 300m* from Dandenong CBD and moments to Princes Highway, Cheltenham Road, Dandenong Valley Highway, Heatherton Road, Monash Freeway and Eastlink
• Dandenong: Popular south-eastern metropolitan suburb only 28km* from Melbourne CBD with a median price of $697,000^
• City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036** supporting 114,506 jobs with an annual economic output of $57.2 billion.***
To discuss this property further, please contact any of the exclusively appointed agents below.
*Approx
** Victoria in Future 2023
*** REMPLAN
^RealEstate.com.au
Property ID: 504571448Last Updated: 8 Oct 2024
2-8 Olive Street
Dandenong, VIC 3175
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
720 Frankston-Dandenong Road,Bangholme, VIC 3175 49.58 ha (122.52 acres)Development Sites & Land