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Sold $2,250,000

205 Gladstone Road, Dandenong North VIC 3175


Prime Development Opportunity in Booming Melbourne Suburb

Measuring approximately 2077 sqm, this property presents attractive prospects for developers and/or investors seeking a substantial and expansive property to reap the rewards of their endeavors.

This magnificent corner allotment offers a unique opportunity to build multiple townhouses and explore potential uses such as childcare or aged care facilities (STCA). It is positioned with three street frontages and is located in one of the fastest-growing suburbs in Melbourne, just opposite Lyndale Secondary College.

Additionally, it is situated 900 meters away from Wooranna Park Primary School and Lois Twohig Reserve, 1.2 km from Emerson School, 2 km from Dandenong Hospital, 1.7 km from Woolworths Dandenong Junction, 3 km from Dandenong Market & Central, 1.2 km from the M3 Eastlink Freeway, 1.2 km from the M1 Monash Freeway, and 2 km from Dandenong Stadium & Melbourne Water Recreation Area.

This is a rare opportunity to acquire a fantastic block of land situated in such a prime spot in this booming market, with three street frontages.

The properties as follows:

205 Gladstone Road: Vacant land.
2 Carlton Road: A 4-bedroom house currently occupied by a month-to-month tenant paying $1730 per month.
4 Carlton Road: A 3-bedroom house currently occupied by a month-to-month tenant paying $1500 per month.

Property Features
  • House
  • 7 bed
  • 3 bath
  • 4 Parking Spaces
  • Land is 2,077 m²
  • House House Category

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