Welcome to 77 Ann Street, Dandenong, a prime piece of real estate offering a fantastic opportunity for developers and investors. This property boasts an expansive land size of 1118 square meters, providing ample space for a promising development project. With approved plans and permits for 5 townhouses, this site is a golden prospect for those seeking to capitalize on the flourishing property market.
Key Features:
Land Size: 1118 sqm (approximately)
Development Potential: Approved plans and permits for 5 townhouses
Location: The property is situated in the thriving suburb of Dandenong, offering excellent accessibility to essential amenities, schools, and transport links, making it an ideal choice for future residents.
Townhouse Designs: The approved plans showcase thoughtfully designed townhouses that cater to modern living needs. These dwellings are crafted to maximize space, natural light, and functionality, ensuring a comfortable and stylish living experience.
Investment Opportunity: With the demand for well-designed, contemporary townhouses on the rise, this property presents a lucrative investment opportunity for developers and astute investors looking to expand their property portfolio.
Infrastructure: Dandenong is a dynamic and growing suburb, benefiting from significant government and private sector investments in infrastructure and development. This further enhances the appeal and long-term potential of this property.
Location Highlights:
Public Transport: Excellent public transport connections nearby, including train and bus services, offering convenient access to Melbourne's CBD and surrounding areas.
Shopping and Dining: Close to a range of shopping centers, local markets, and dining precincts, providing residents with an array of retail and culinary options to explore.
Education: Within proximity to quality educational institutions, including primary and secondary schools, making it an attractive location for families with children.
Parks and Recreation: Nearby parks and recreational facilities offer opportunities for outdoor activities, picnics, and leisure pursuits, promoting an active and balanced lifestyle.
This property presents a rare chance to be part of Dandenong's growth and development while reaping the rewards of a well-executed and in-demand townhouse project. Don't miss the opportunity to secure this valuable piece of real estate with the plans and permits already in place for a hassle-free development journey.
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 18,070 properties. Over the last 5 years, Houses in Dandenong have seen a 27.24% increase in median value, while Units have seen a 18.43% increase. As at 31 October 2024:
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