GREAT SMSF INVESTMENT - BUY, HOLD, DEVELOP!
RE/MAX is pleased to present to market this outstanding investment hold, with future venture capital options.
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.
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 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 planning permit is currently sitting with the relevant authority awaiting a further extension to move forward with a multi-apartment (20) development on this sizable block,
* Offers subject to this permit being extended will also be considered.
** Expression's of interest closing 5 PM Friday 29th September, 2017
Full documentation is available on request,
Inspection of this property is available by appointment.
For Sale through exclusive agents at RE/MAX Property Specialists.