If you would like to make around a million dollars, please continue reading.

A fantastic opportunity arises for the builder, developer and investor, in one of Dandenong’s most sought-after and favourite streets. 69 Clow Street Dandenong is situated across the road from Dandenong Plaza, within walking distance to Dandenong Market, Dandenong Hospital, local schools, parks and reserves, public transport, easy access to the M1 Monash Freeway, you will not find a better growth location!

With high re-sale values in the area that is consistently rising, Dandenong has become one of the fastest growing locations in Melbourne!

This superb development opportunity comes with endorsed plans and permits for:
A total of 18 large apartments with 2-3 bedrooms approved by the council
Featuring 8 x 3 bedrooms and 10 x 2 bedrooms all with balconies
Ideally designed for height restrictions to construct with timber framing so as to minimise construction costs
Semi-basement for car parking only 1.5m approx. deep
Spacious floor plans very easy to market and re-sell
Potential to re-draw apartments to add more levels for greater 6 storey height and more car parking (STCA)
Total land size = 16.75m x 50.28m = 842 sqm. approx.
Existing house currently tenanted at $350 per week on a month-to-month basis.

Town planning permit expires on the 27th September 2013.
Terms: 90/120 days negotiable.

Plans and permits available to view in office or by email.
If you would like to make money on this project, please find me at 7-9 Atherton Road Oakleigh or by email on jason.xi@raywhite.com or on 0403 010 848 for plans and permits, feasibility study and further information.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.