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 m? (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