RE/MAX is pleased to present to market this outstanding investment hold, with future venture capital options.

The Residence;

Consisting of 5 bedroom’s & operating as a rooming accommodation facility yielding an attractive return of some $930.00 per week, ducted & spatial gas heating, air-conditioning, quality flooring includes original hardwood floorboards, carpets, with tiling to wet areas.

** Land size of this Property is approximately 810 sq. M – with a 20.12 M frontage.

The Location;

Convenience’ are paramount, with Dandenong Plaza, the Market, Dandenong & St Mary’s Primary Schools, the Law Courts & Police Station all only a few minutes’ walk whilst Dandenong Hospital, Chisholm TAFE & Train Station only a few minutes by car.

The Opportunity;

The Property is greatly enhanced with relevant zoning, including, Public Use Zone – Education, with Schedule thereto (PUZ2) & Residential Growth Zone – Schedule 1 (RGZ1) allowing extraordinary flexibility for future development.

The Permit;

The planning permit has now been extended to 2019, for build completion by 2021.

Full documentation is available on request,

Inspection of this property is available by appointment.

For Sale through exclusive agents at RE/MAX Property Specialists.

We have obtained all information above from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate