With the interest rate in a record low, 46 Edward Avenue Dandenong could be your life changer in the real estate market.
All the hard work has been done here, with 2 excellent options that have been expertly thought through for the lucky new owner to take advantage of.
This site is set on a 640m2 approximately and currently hosts a 3 bedroom, 1 bathroom, single lock up garage weatherboard house which is currently rented out for $300 per week with vacant possession available for buyers if needed. The weatherboard house with approved plans and permit is priced to sell for $730,000 – $770,000.
OPTION 1: Full working drawings completed and approved for a 9 bedroom Studio Complex, all rooms with full ensuites, with a projected gross annual rental return of approximately $140,000. “Off the plan complete turn-key option” also available with massive stamp duty savings, please contact for the price and inclusions.
OPTION 2: Approved Plans and Permits for two single-storey fully detached houses side by side with their own driveway. Both boasting 4 bedrooms 2 bathrooms with a single garage and an additional parking space. “Off the plan option” also available as a complete turn-key product with massive savings of up to $60,000 to eligible buyers. Please contact for “off the plan” turn-key price and inclusions.
Whether it is the massive cash flow of the studio complex or living in one unit and reap the great rental return of the second unit or simply build your luxury dream home and living in the middle of central Dandenong – the choice is yours.
All this is in a very desirable part of Dandenong with only approximately 100 metres to Dandenong hospital, and walking distance to Schools, Market, Public Transport and everything else Central Dandenong has to offer.
Call PREM on 0403 813 444 to book an inspection!