Back to previous step
Close
1513 Dandenong Rd, Oakleigh, Victoria, Australia
Oakleigh
PERMIT POTENTIAL: Existing schematic drawings for a 225-apartment complex with commercial and retail spaces (STCA).
Huge Potential On 6000m2* Goldmine!
Enjoying prominent street exposure and easily accessible, here's a first-class opportunity to buy and develop in a five-star location with this excellent block, which measures just under 6,000sqm (approx.) and boasts existing schematic drawings for a 225-apartment complex with commercial and retail spaces (STCA).
Two tenancies and signage currently occupy the potential-rich site. Tenant 1 occupies 1,813sqm (approx.) and is leased on a month-by-month basis at $100,000 pa, while Tenant 2 stands on a generous 1,400sqm (approx.) and is leased at $70,000 pa. And with Signage generating $40,000 pa, there's three attractive revenue streams available to the astute buyer from the outset.
With Chadstone Shopping Centre now undergoing a $580 million expansion, the area is also set to benefit from the increased employment opportunities and added amenities. This can only be good for the local property values.
AUCTION Wednesday 16th September 2015 @ 12:00pm - On Site
PERMIT POTENTIAL: Existing schematic drawings for a 225-apartment complex with commercial and retail spaces (STCA).
Huge Potential On 6000m2* Goldmine!
Enjoying prominent street exposure and easily accessible, here's a first-class opportunity to buy and develop in a five-star location with this excellent block, which measures just under 6,000sqm (approx.) and boasts existing schematic drawings for a 225-apartment complex with commercial and retail spaces (STCA).
Two tenancies and signage currently occupy the potential-rich site. Tenant 1 occupies 1,813sqm (approx.) and is leased on a month-by-month basis at $100,000 pa, while Tenant 2 stands on a generous 1,400sqm (approx.) and is leased at $70,000 pa. And with Signage generating $40,000 pa, there's three attractive revenue streams available to the astute buyer from the outset.
With Chadstone Shopping Centre now undergoing a $580 million expansion, the area is also set to benefit from the increased employment opportunities and added amenities. This can only be good for the local property values.
AUCTION Wednesday 16th September 2015 @ 12:00pm - On Site
1513 Dandenong Rd, Oakleigh, Victoria, Australia
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
One moment please.
Retrieving map...
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
