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873 Dandenong Road, Malvern East, VIC 3145

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873 Dandenong Road, Malvern East, VIC 3145

Malvern East

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873 Dandenong Road, Malvern East, VIC 3145
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873 Dandenong Road, Malvern East, VIC 3145

873 Dandenong Road, Malvern East, VIC 3145

Properties / Buy / Victoria / Malvern East
Development Approved
Property Type
Residential, Commercial
Land Area
265 m² (*approx)
Selling Method
For Sale: $1,800,000 - $1,980,000
DOCUMENTS AVAILABLE
Request Access
Auction Date
1 Dec 2025 12:00AM
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A Permit-Approved, Income-Ready Development Opportunity in Melbourne’s Premier Education & Transport Precinct

Positioned on one of Malvern East’s most prominent thoroughfares, 873 Dandenong Road presents a rare, permit-approved development opportunity with immediate income and long-term flexibility.

The property benefits from endorsed plans and permits for an eight-level apartment

building, featuring commercial space at ground level and whole-floor apartments on

each upper level. The scheme has been thoughtfully designed to comply with NDIS SDA – High Physical Support, while retaining the flexibility to operate as conventional residential apartments, broadening both investor appeal and exit strategies.

Significant progress has already been achieved, including:

• Endorsed plans and planning permits

• Completion of detailed technical documentation

• A sourced and vetted builder, ready to commence

• A head lease secured with one of Victoria’s largest SDA providers, providing a

strong foundation for future income certainty

Adding to the project’s strength, the building is currently operating as short-term student accommodation, delivering holding income while the next phase of development is planned.

The location is second to none. Surrounded by established high-density student

accommodation and residential developments, the site sits just footsteps from Caulfield Train Station, multiple tram routes, Caulfield Village, and local retail strips. Iconic landmarks including Caulfield Racecourse and Monash University (Caulfield Campus) further underpin sustained demand from students, professionals, and specialist accommodation providers alike.

This is a compelling opportunity to acquire a de-risked, permit-approved project in a

tightly held inner-south-east location, offering multiple income pathways, strong

fundamentals, and genuine development upside.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Approved

873 Dandenong Road Development Site Summary

Property Type
Residential, Commercial
Land Area
265 m² (*approx)
Selling method
For Sale: $1,800,000 - $1,980,000
DOCUMENTS AVAILABLE
Gain Access
Auction Date
1 Dec 2025 12:00AM
Add to calendar

Development Site Highlights

A Permit-Approved, Income-Ready Development Opportunity in Melbourne’s Premier Education & Transport Precinct

Positioned on one of Malvern East’s most prominent thoroughfares, 873 Dandenong Road presents a rare, permit-approved development opportunity with immediate income and long-term flexibility.

The property benefits from endorsed plans and permits for an eight-level apartment

building, featuring commercial space at ground level and whole-floor apartments on

each upper level. The scheme has been thoughtfully designed to comply with NDIS SDA – High Physical Support, while retaining the flexibility to operate as conventional residential apartments, broadening both investor appeal and exit strategies.

Significant progress has already been achieved, including:

• Endorsed plans and planning permits

• Completion of detailed technical documentation

• A sourced and vetted builder, ready to commence

• A head lease secured with one of Victoria’s largest SDA providers, providing a

strong foundation for future income certainty

Adding to the project’s strength, the building is currently operating as short-term student accommodation, delivering holding income while the next phase of development is planned.

The location is second to none. Surrounded by established high-density student

accommodation and residential developments, the site sits just footsteps from Caulfield Train Station, multiple tram routes, Caulfield Village, and local retail strips. Iconic landmarks including Caulfield Racecourse and Monash University (Caulfield Campus) further underpin sustained demand from students, professionals, and specialist accommodation providers alike.

This is a compelling opportunity to acquire a de-risked, permit-approved project in a

tightly held inner-south-east location, offering multiple income pathways, strong

fundamentals, and genuine development upside.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Approved
Charles Callis
Charles Callis
+61 *** *** *** show +61 408 414 869
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+61 408 414 869 [email protected] Message
Dion Besser
Dion Besser
+61 *** *** *** show +61 412 556 443
Message Message
+61 412 556 443 [email protected] Message
Access Dataroom
Charles Callis
Charles Callis
+61 *** *** *** show +61 408 414 869
Message Message
+61 408 414 869 [email protected] Message
Dion Besser
Dion Besser
+61 *** *** *** show +61 412 556 443
Message Message
+61 412 556 443 [email protected] Message

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873 Dandenong Road, Malvern East, VIC 3145

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873 Dandenong Road, Malvern East, VIC 3145 Malvern East
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Besser & Co. Estate Agents - Balaclava
Besser & Co. Estate Agents - Balaclava
40A William Street, BALACLAVA, VIC 3183
Charles Callis
Charles Callis
+61 *** *** *** show +61 408 414 869
Dion Besser
Dion Besser
+61 *** *** *** show +61 412 556 443
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