1-7/7 New Street, Dandenong VIC 3175

Improvements: 7 x 2 -bedroom units (brick veneer, circa 1960s)

Location: Approximately 100 meters from Dandenong Plaza and adjacent to Dandenong Primary School

Land: Approx. 1619 m² (20.12m x 80.4 m, no easements)
Zoning: Residential Growth Zone – (Schedule 1)

Gross Return:
Current return: ~$122,000 approx. per annum
Projected return: $140,000 approx. per annum

Prime location with enormous potential.
Currently underdeveloped.
Expected long-term investment with large capital gains due to its prime central location and zoning
Excellent rental history

We have obtained all information in this document 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.