For Sale

113-123 Cheltenham Road & 1 Tharle Street DANDENONG

4 Strategic Development sites in Dandenong

  • Area2,780 m²
  • Zoning Industrial 1

Description

On offer is four strategic sites that are to be sold together as potential development site (STCA), located on the corner of Cheltenham Road and Tharle Street, close to Bennett Street and the Eastlink interchange.

The sites are 113-115 Cheltenham Road (601m²), 117-119 Cheltenham Road (700m²), 121-123 Cheltenham Road (804m²) and 1 Tharle Street, Dandenong (675m²) which total 2,780m². There are two sites under monthly tenancies with a total return of $71,917.56 per annum. This is a unique opportunity to obtain income whilst deciding on plans for the future development.

The Industrial 1 Zoned (IN1Z) land provides numerous possibilities for the site, ranging from take away food premises, convenience shop, service station and showroom/warehousing, subject to council approval.

This property is for sale by way of Expression of Interest closing Thursday 29th April at 5pm. Contact Facey to book a COVID safe inspection.

Tenure type

Vacant

Mark Bond

Director

Matt Rice

Partner

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