Prime Development Opportunity With Parkland Views

A rare and substantial infill landholding in the heart of Dandenong’s growth corridor - currently comprising two existing homes on a single title, and ready for a developer, operator, or investor with vision.

Positioned overlooking parklands and moments from Dandenong Hospital, the Central Business District, and major transport arterials, sixty-four to sixty-six Alexander Avenue offers scale, flexibility, and location that is genuinely difficult to replicate in this market.

THE SITE

Land area: four thousand six hundred twenty-four square meters
Zoning: General Residential Zone One (GRZ1)
Level site with minimal demolition required
Parkland outlook - adds amenity value across all development types
Walking distance to Dandenong Hospital, train station, and Princes Highway / Monash Freeway / EastLink

DEVELOPMENT PATHWAYS

This site supports three distinct development outcomes.

TOWNHOUSE DEVELOPMENT
Estimated yield: eighteen to twenty-six townhouses comfortably; up to thirty subject to design and council approval
Dandenong’s townhouse market continues to perform strongly, attracting both investors and owner-occupiers

CHILDCARE CENTRE
General Residential Zone One permits community and childcare uses (subject to council approval)
Site supports a ninety to one hundred twenty place centre (subject to council approval)
Large frontage enhances visibility - a key driver of childcare operator demand
Potential to subdivide and retain balance land

AGED CARE / RETIREMENT LIVING
Capacity for eighty to one hundred twenty beds subject to design and council approval
Proximity to Dandenong Hospital and services is a primary locational requirement for operators
Dandenong’s ageing and culturally diverse population is driving sustained demand for care-focused housing
Best suited to an operator or institutional investor

WHY DANDENONG
One of Melbourne’s fastest-growing and most undersupplied corridors
Strong and consistent townhouse demand from both investors and owner-occupiers. Acute shortage of quality aged care and childcare in the southeast. Infill sites of this scale and cleanliness are increasingly rare.
A genuine blank canvas for the right developer or operator.

For an Information Memorandum or to discuss further, contact our team today.

Disclaimer: Belle Property Doncaster East has taken every precaution to ensure the accuracy of the information provided. However, we accept no responsibility and disclaim all liability for any errors, omissions, or misstatements. Prospective purchasers should conduct their own enquiries and verify all information independently.

Any references to potential townhouse yield, childcare capacity, aged care capacity or other development opportunities are provided as general information only and should not be relied upon as a representation or guarantee of any future development outcome. All prospective purchasers must undertake their own due diligence and obtain independent planning advice.

Purchasers are also encouraged to refer to the Due Diligence Checklist provided by Consumer Affairs Victoria: [hidden information]