FOR SALE
$2,200,000 - $2,400,000

12-14 Grace Avenue
Dandenong VIC 3175

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 1638m2
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Prime Development Opportunity Not To Be Missed!

LJ Hooker Dandenong is excited to introduce an exceptional opportunity for developers and builders seeking a lucrative project in the heart of Dandenong. This unique development site spans 1638m2 and comes complete with approved plans, permits, and engineering drawings for the construction of 8 townhouses. With a keen focus on optimizing space, this project promises an outstanding return on investment, eliminating the need for extensive groundwork � it's all been expertly prepared for the fortunate buyer.
The property at 12 Grace Avenue boasts 4 well-proportioned bedrooms, alongside a spacious lounge and a dining/meals area seamlessly connected to a gas-equipped kitchen with ample storage. A generously sized bathroom, a separate toilet, and a convenient laundry area complete the interior of this charming home, all situated on an enviable 817m2 prime plot.
Meanwhile, 14 Grace Avenue offers 3 ample bedrooms, a spacious lounge, and a dining/meals area conveniently adjacent to a kitchen featuring gas cooking and abundant cupboard space. The main bathroom, separate toilet, and a separate laundry area constitute the internal layout of this delightful home. This property commands attention on an impressive 821m2 prime plot and is presently rented out at $1,300 per calendar month.
Whichever angle you approach this endeavor, success is virtually assured � whether you opt to develop and lease or seize the opportunity to develop and sell for a handsome profit. This venture holds immense appeal for a discerning small-medium builder or astute investor.
Beyond the current proposition lies the potential for further exploration, including the option for high-density townhouse development, capitalizing on the premium location.
Conveniently nestled in the heart of Dandenong, the location couldn't be more advantageous, offering proximity to Dandenong Plaza, Dandenong Market, Chisholm Tafe, public transport, recreational facilities, and a wealth of educational institutions.
It's essential to take note of the following:
PHOTO ID REQUIRED AT OPEN HOMES.
Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matter.
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Property Details for 12-14 Grace Ave, Dandenong

12-14 Grace Ave, Dandenong is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1638m2. The place is currently for sale with LJ Hooker Dandenong City.

Building Type
House
Land Size
1638m2

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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of total area. The population of Dandenong in 2011 was 24,919 people. By 2016 the population was 29,910 showing a population growth of 20.0% in the area during that time. The predominant age group in Dandenong is 20-29 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation. In 2011, 42.8% of the homes in Dandenong were owner-occupied compared with 39.7% in 2016.

Dandenong has 17,947 properties.

    There are currently 121 properties listed for sale, and 28 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 756 properties were sold in the past 12 months in Dandenong.

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