DANDENONG NORTH – Sitting on a block size of 669m2, this property has all the potential that one can imagine. With the option of renovating the current property, renting it out or flipping, and potentially building a 2nd dwelling out the back (STCA), you have an array of opportunities. Otherwise start from scratch and develop multiple dwellings on the block (STCA). Being in a prime position just minutes from Monash freeway, Dandenong hospital and multiple schools including Woorana Park Primary School around the corner, the savvy first home buyer / investor and developer will see what’s on offer.
The current home comprises of 3 bedrooms, a central bathroom and plenty of car space for those who have multiple cars, or you could even use the current double garage as a workshop or man-cave. With that in mind the home itself would be perfect for the smaller family looking for a cosy home. Sit by the fireplace during the cooler months and then enjoy the spacious yard space out the back during the warmer months. The smart first home buyer could also jump on this opportunity and secure a home now, then potentially invest or develop it in the future.
For those looking for a property with endless opportunities, this is the one!
Amenities
Age of property: 30 years approx.
Heating: Fireplace
Cooling: Air conditioner, Ceiling fans
Potential Rental Return: $365 p/w approx.
Chattels: All fittings and fixtures as inspected.
Deposit Terms: 10% of the purchase price
Preferred Settlement: 30 days
Dandenong is the heart of Melbourne’s growing South East corridor and has much to offer including shopping complexes, parks, Dandenong hospital, sporting grounds, train station and the popular Dandenong Market. Schools in the area include Dandenong High, St John’s Regional College, Lyndale College and Cleeland College. Primary schools include Woorana Park Primary, Dandenong Primary, Dandenong South Primary and Lyndale Greens Primary.
**Please Note – Open for Inspections are subject to change or cancellation without prior notice**
At Ray White Cranbourne our price indications are based upon probable market value, the likely selling price and vendor expectations. You can view with confidence that vendors will sell within the range with favourable conditions