3-5 Sleeth Avenue, Dandenong, Vic 3175

Two expansive sites combine to a total of 1,030 sqm, offering ample space for a significant residential project. A planning schedule for the 23 apartments is already available, ensuring a clear path forward for development.

For investors, this opportunity is particularly attractive. One of the properties is currently tenanted, providing immediate rental income while you go through town planning. The other property is vacant, ready for immediate use or tenancy.
The existing homes on the properties each feature three bedrooms, separate living and dining areas, a lock-up garage, and either a bungalow or shed, adding to the overall value.

The location of these properties is exceptional. They offer scenic park views and are within walking distance of Dandenong Plaza and Dandenong Market, making them highly desirable for future residents. This proximity to amenities enhances the attractiveness of the development and supports strong future demand.

This opportunity not only allows you to earn rental income during the town planning process but also positions you to take advantage of the thriving Dandenong real estate market once the development is complete.