Malvern East 1-4/1397 Dandenong Road

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

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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

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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

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Land: 826 sq m approx.

• Property Information

  • Land area approx 826sqm

Nearest Schools

Fletchers Agents

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  Mark Fletcher Director & Auctioneer, CEA (REIV)

  mark.fletcher@fletchers.net.au 0403 387 579 03 9831 3447
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  Michael Richardson Director & Auctioneer, CEA (REIV) Salesperson of the Year (Non-Principal) 2016

  michael.richardson@fletchers.net.au 0418 367 227 03 9809 8126
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  Rob Fletcher Former Executive Chairman, FREI CEA (REIV)

  robert.fletcher@fletchers.net.au 0411 222 988