1-4/1397 Dandenong Road, Malvern East, VIC 3145
Virtual Tour

Property Highlights

Expressions Of Interest - Development goldmine in the lucrative Residential Growth Zone

This brilliant 826 sq m approx. parcel of land is spectacularly located just 200 metres from Hotel Chadstone and largest shopping centre in the southern hemisphere - Australia's fashion capital - Chadstone Shopping Centre.

In the highly-profitable Residential Growth Zone - Schedule 1 (RGZ1), developers will be able to reap the rewards by building a luxurious apartment complex (STCA) in this highly sought-after locale surrounded by outstanding amenities.

Currently, there are four single level two bedroom units which are ideal to lease out for convenient cashflow while preparing plans and permits.

Walking distance to Oakleigh Primary School, the kindergarten, multiple bus routes and Hughesdale train station, the M1 Freeway is moments away for a fast trip into the city or down to the Mornington Peninsula.

* 826 sq m approx. block in the lucrative Residential Growth Zone - Schedule 1 (RGZ1)

* Just 200 metres from Hotel Chadstone and Chadstone Shopping Centre

* Build a luxurious apartment complex (STCA)

* Currently comes with four single level two bedroom units

* Lease these out while organising plans and permits

* Walk to the primary school, buses and the train

* Near the M1 Freeway for a fast trip to the city and Mornington Peninsula

Terms: 10% deposit, balance 90/120 days


Fletchers COVID-19 Update

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property.

For more information, please visit: fletchers.net.au/response-to-covid-19


Remember to mention you found this property on DevelopmentReady

calculator-icon Yield Calculator
calcultor-icon Yield Calculator
$ ×
$ ×

Due Diligence Tool

Enquire Now