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551 and 553 Dandenong Road Armadale, VIC 3143

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551 and 553 Dandenong Road,
Armadale, VIC 3143

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AN EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN ONE OF MELBOURNE'S FINEST SUBURBS

  • 1,263SQM* LAND OVER TWO (2) TITLES
  • RESIDENTIAL GROWTH ZONE LANDHOLDING
  • 350M* TO MALVERN CENTRAL SHOPPING CENTRE
SOLD at Auction: 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

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

David Minty
+61 422 564 199

Nathan Mufale
+61 416 789 218

*approx
**Source: Real Estate Institute of Victoria

Property ID: 502178038Last Updated: 19 Jan 2024

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551 and 553 Dandenong Road
Armadale, VIC 3143

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CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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