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Development/Land For Sale or For Lease found in MULGRAVE, VIC 3170

Properties located in the surrounding suburbs

INCREDIBLE GATEWAY LANDHOLDING WITH SOLI...

Investment | Retail | Development/Land

A super prime gateway landholding with secure income to KFC.
Savills is delighted to offer for sale this trophy asset underpinned by a landmark site located at 1-25 Princes Highway, Dandenong. This incredible investment is situated within the heart of the Dandenong Activity Centre, and surrounded by an abundance of high quality retailers and established amenities.
Key features if this outstanding property are as follows:
- High profile gateway site of 2,682 sq m*
- Two street frontages totalling 166.8 metres*
- Comprehensive Development Zone 2 allowing high density development with immediate height precedent of 12+ levels
- Leased to KFC with a modern restaurant
- Current net rental of $265,648 per annum*
- An outstanding position within the heart of the Dandenong Activity Centre at the cusp of the Lonsdale Street retail precinct and opposite Coles/Dandenong Market
- Close proximity to Dandenong Plaza Shopping Centre (Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi Reading Cinemas and more)
- A short walk from Dandenong Train Station, providing direct CBD access
- Excellent vehicular connectivity with easy access to both EastLink and the Monash Freeway
- Dandenong is just 35km* from the Melbourne CBD and is a thriving Activity Centre, with a recent $290m state government investment further enhancing the precinct
- The ultimate development site or landbank investment not to be missed!
The property is one of the best located sites in Dandenong and offers the opportunity to invest in a secure retail asset with massive upside potential. Accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
1-25 Princes Highway, Dandenong is For Sale by Expressions of Interest closing Wednesday 16 August at 2pm.
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266

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Price: EOI Closing Wednesday 16 August at 2pm    Building: 530m²    Land: 2682m²    Occupancy: Tenanted

PRIME PERMIT APPROVED GATEWAY SITE

Development/Land

Savills is delighted to offer for sale 27 Princes Highway, Dandenong.
The property represents an exceptional opportunity to acquire a permit approved mixed-use development site, which is ideally located in Dandenong's Activity Centre and within close proximity to an abundance of retail and lifestyle amenity.
The key attributes of the property include:
- A high profile site of 733sq m*
- Prominent 20m* frontage to Princes Highway
- Flexible Comprehensive Development Zone 2
- Approved permit in place for landmark project comprising 66 apartments + retail/commercial space
- Cleverly and efficiently designed project with no basement, providing for a cost effective build
- An outstanding position within the heart of the Dandenong Activity Centre at the cusp of the Lonsdale Street retail precinct, and opposite Coles/Dandenong Market
- Close proximity to Dandenong Plaza Shopping Centre (Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi Reading Cinemas and more)
- A short walk from Dandenong Train Station, providing direct CBD access
- Excellent vehicular connectivity with easy access to both EastLink and the Monash Freeway
- Dandenong is just 35km* from the Melbourne CBD and is a thriving Activity Centre, with a recent $290m state government investment further enhancing the precinct
- With an abundance of lifestyle and retail amenity, coupled with ongoing investment and growth - this is a permit approved opportunity not to be missed!
The opportunity to secure a prime site in such a highly sought after location is extremely rare, particularly given the exceptional development permit within a major growth area.
27 Princes Highway, Dandenong is for Private Sale.
For further information, please contact:
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

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Price: Contact Agent    Land: 733m²    Occupancy: Vacant

PERMIT APPROVED DEVELOPMENT STRATEGICALLY LOCATED IN DANDENO...

Development/Land (Residential)

CVA are proud to present 18 Stud Road, Dandenong for private sale. Advantageously positioned within the heart of the Dandenong Activity Centre and metres from the Lonsdale Street retail precinct. The site is just 300 metres* from Dandenong Plaza Shopping Centre which is anchored by Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi, Reading Cinemas and more. Offering great access to EastLink and the Monash Freeway, the property is within a short walk to Dandenong Train Station.
Property Features:
- High Profile Site of 793m2*
- Excellent frontage to Stud Road of 20 metres*
- Residential Growth Zoning 1
- Approved permit in place for 24 beautifully designed one & two bedroom apartments
- Current 3 bedroom dwelling that can generate lease income
Dandenong is just 35km* from the Melbourne CBD and is a thriving Activity Centre, with a recent $290 million state government investment further enhancing the precinct. This outstanding development opportunity also benefits from an abundance of surrounding amenities.

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Price: $1,550,000    Land: 793m²    Occupancy: Vacant

GOING, GOING, GONE!!!

Development/Land

Land size: 1.86ha (4.59 acres) (approx)
Small shed 288m2 (approx)
Don't miss out on the chance to pick up this rarely offered land across the road from Dandenong's prestigious Innovation Park. Offered at a realistic price of less than $216/m2 and currently used as a rock haulage yard, this presents fantastic development potential (STCA).
The subject property is zoned Industrial 1 and is strategically located near all local major arterials, and is one of the last significantly sized land pockets currently available.
Call now to discuss this fantastic opportunity.

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Price: $4,000,000    Land: 18588m²    Occupancy: Vacant


LAND BANK FOR THE FUTURE

Development/Land

BUSIEST ROUNDABOUT IN THE SOUTH EAST
6.31 acres (approx) located on the corner of Frankston-Dandenong Road and Thompsons Road now available for sale.
*** Zoned Green Wedge
*** Extreme proximity to Eastlink
*** Suits many potential uses (STCA)
*** Huge growth corridor
Don't miss this great opportunity - make the call and do the deal.

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Price: $4,200,000 plus    Land: 25532m²    Occupancy: Vacant

POTENTIAL PLUS! HIGHLY EXPOSED CORNER FREEHOLD

Retail | Development/Land

• Prominently located property within Glen Waverley’s buzzing retail precinct
• Directly opposite the busy railway station and bus interchange and adjacent to Glen Waverley Secondary College and public car park
• Versatile site of 209sqm approx. with rear access via right of way
• Combined dual street frontage of 41 metres approx.
• Within favourable high density zoning
• Significant further development potential (stca)
• Offered with Vacant Possession
• Positioned within the Kingsway retail and entertainment district surrounded by popular eateries, highly regarded local and national retailers, all major trading banks and a rapidly increasing residential population
• The area is further underpinned by The Glen Shopping Centre which is situated only 250m approx. to the east of the property, while cinema complex Century City Walk and the 10 storey IKON development are also nearby
• Don’t miss this extremely rare opportunity to acquire a high profile corner freehold property in one of Melbourne’s most tightly held and well regarded retail and commercial precincts

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Price: Contact Agent    Building: 150m²    Land: 209m²    Occupancy: Vacant

HIGH PROFILE SHOWROOM WITH PRINCES HIGHWAY EXPOSURE - 9% RET...

Showrooms | Retail | Development/Land (Showrooms, Retail)

  • Modern quality showroom building with rear loading
  • Onsite parking for 40 cars
  • 140 metre (approx) triple street frontage
  • Building Area: 2,093 sqm (approx)
  • Land Area: 3,341 sqm (approx)
  • Leased to Super Retail Group Ltd until May 2019

Please note: Tenant no longer in occupation, all photos were taken before the Tenant vacated

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Price: Contact Agent    Building: 2093m²    Land: 3341m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Mulgrave, VIC 3170

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $3466 $236 6.80%
Retail $209
Industrial $123
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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