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12 Gwenda Street, Dandenong, VIC, 3175
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Property Highlights

STRATEGIC DEVELOPMENT OPPORTUNITY
  • 700 sqm (approx.) Development Land
  • GRZ - Schedule 3
  • Affordable Site in Prime Location

RE/MAX is pleased to offer for sale this prime development site located at 12 Gwenda Street, Dandenong. 

The Land provides for a multi townhouse or apartments (STA) development.

Underpinning the opportunity is the property's prime positioning just moments from Dandenong Hospital, numerous public transport options and the Dandenong CBD.

Key attributes of this opportunity include:

  • Vacant and cleared site of 700 sq. M (approx.)
  • Flexible General Residential (GRZ3) Zoning

The property offers favourable opportunity to secure a varied options development site in a prime location, with a further captured value, (STA) as NDIS providers have also indicated interest in the location.

The below from a leading NDIS provider:

"Could lend itself to SDA via the apartment model – or townhouses/villas.  Subject to design work it could comprise 100% SDA if maxing the build out at 16 or 17 apartments (15 + 1 or 15 +2).  It is still early stages in the development of the SDA sector – and only time will tell"

TERMS

  • 10% Deposit
  • Allowing up to a six (6) month settlement period. 


Remember to mention you found this property on DevelopmentReady

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