64–66 Alexander Avenue, Dandenong - Premier Development Opportunity
A rare and substantial infill landholding in the heart of Dandenong's growth corridor - currently comprising two existing homes on a single title, and ready for a developer, operator, or investor with vision.
Positioned overlooking parklands and moments from Dandenong Hospital, the CBD, and major transport arterials, 64–66 Alexander Avenue offers scale, flexibility, and location that is genuinely difficult to replicate in this market.
THE SITE
Land area: 4,624 sqm
Zoning: General Residential Zone 1 (GRZ1)
Level site with minimal demolition required
Parkland outlook - adds amenity value across all development types
Walking distance to Dandenong Hospital, train station, and Princes Highway / Monash Freeway / EastLink
DEVELOPMENT PATHWAYS
This site supports three distinct development outcomes.
TOWNHOUSE DEVELOPMENT
Estimated yield: 18–26 townhouses comfortably; up to 30 subject to design and council approval
Dandenong's townhouse market continues to perform strongly, attracting both investors and owner-occupiers
CHILDCARE CENTRE
GRZ1 permits community and childcare uses (STCA)
Site supports a 90–120 place centre (STCA)
Large frontage enhances visibility - a key driver of childcare operator demand
Potential to subdivide and retain balance land
AGED CARE / RETIREMENT LIVING
Capacity for 80–120 beds subject to design and council approval
Proximity to Dandenong Hospital and services is a primary locational requirement for operators
Dandenong's ageing and culturally diverse population is driving sustained demand for care-focused housing
Best suited to an operator or institutional investor
WHY DANGENONG
One of Melbourne's fastest-growing and most undersupplied corridors
Strong and consistent townhouse demand from both investors and owner-occupiers. Acute shortage of quality aged care and childcare in the southeast Infill sites of this scale and cleanliness are increasingly rare
A genuine blank canvas for the right developer or operator.
For an Information Memorandum or to discuss further, contact out team today.
Disclaimer: Belle Property Doncaster East has taken every precaution to ensure the accuracy of the information provided. However, we accept no responsibility and disclaim all liability for any errors, omissions, or misstatements. Prospective purchasers should conduct their own enquiries and verify all information independently.
Any references to potential townhouse yield, childcare capacity, aged care capacity or other development opportunities are provided as general information only and should not be relied upon as a representation or guarantee of any future development outcome. All prospective purchasers must undertake their own due diligence and obtain independent planning advice.
Purchasers are also encouraged to refer to the Due Diligence Checklist provided by Consumer Affairs Victoria: www.consumer.vic.gov.au/duediligencechecklist
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