Great property investment opportunity at Greater Dandenong City Centre

According to "Financial Review", a private developer Ross Pelligra has bought a major mall at Dandenong, the commercial hub in Melbourne’s south-east, in a $145 million deal that brings with it the prospect of a substantial redevelopment. Meanwhile, The state government and the local council are pursuing an extensive urban renewal of the Dandenong CBD and the shopping mall forms a key part of it. 

More than 200,000sq m of real estate could be added to the site under a staged plan for the site, involving residential, retail, office and a hotel. Here, iAgency Real Estate promptly introduces one great investment opportunity to investors -- 34 Herbert Street, Dandenong.

This central Dandenong home is located in Residential Growing Zone 2, with development potential for a 4-storey apartment (STCA). Don’t miss your opportunity to invest! In fact, this 705 sqm residence is currently tenanted and well maintained.

This wonderful investment opportunity will definitely bring amazing profit with the redevelopment of Great Dandenong City Centre.