2,4,6 & 8 Olive Street, Dandenong, Vic 3175

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Townhouse
Type
3
Bedrooms
2
Bathrooms
2
Parkings
3,400 m²
Area

Last updated on Tuesday, April 14, 2026 ( See property details for 2,4,6 & 8 Olive Street, Dandenong, Vic 3175)

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Exceptional development site in Dandenong with approved plans for 17 modern townhouses, offering a rare turnkey opportunity in a high-growth area.

🏡 Property Highlights

  • Approved plans for a 17-townhouse development, offering a turnkey project opportunity.
  • Prime location in Dandenong's premium precinct with strong capital growth prospects.
  • Large land area of approximately 3,400 sqm in a General Residential Zone 1 with no overlays.
  • Close proximity to Dandenong Market, retail, dining, and excellent transport links including Dandenong Train Station.
  • Existing dwellings on four properties providing immediate development potential.
  • Secure planning permits, saving time and reducing development uncertainty.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Garage / Secure Parking
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Dandenong is a vibrant suburb renowned for its strong community vibe, excellent infrastructure, and diverse amenities. It offers easy access to major transport links, shopping precincts, and recreational facilities. The area is experiencing significant growth, making it an ideal location for investors and developers seeking high-yield opportunities. With a mix of cultural diversity and modern amenities, Dandenong continues to attract first home buyers, downsizers, and families alike.

What is the current condition of the existing dwellings on the site?
The existing dwellings are in habitable condition and provide a solid foundation for the approved development plans.
Are there any restrictions or covenants on the land?
The land is zoned General Residential Zone 1 with no overlays, and all planning permits are secured, indicating minimal restrictions for development.
What are the nearby amenities and transport options?
The site is within walking distance to Dandenong Market, retail and dining precincts, and is conveniently close to Dandenong Train Station and Princes Highway for easy connectivity.
Is there potential for future capital growth in this area?
Yes, Dandenong is earmarked for strong capital growth, supported by infrastructure development and high demand for quality townhouse living.
What is included in the approved development plans?
The plans include a 17-townhouse project designed to meet current market demands, with all permits already secured for immediate construction.
Are there any hidden costs associated with the development approval or site preparation? Have all necessary environmental and zoning assessments been completed and approved? Are there any easements, covenants, or restrictions that could impact the development? Is there any history of flooding, bushfire risk, or other environmental hazards on the site? Are there upcoming planning or infrastructure projects in the area that could affect the property’s value or development potential? What are the strata or body corporate considerations if the project involves multiple dwellings? Are there any existing or planned nearby construction activities that could cause noise or disruption? Has a thorough due diligence check been completed regarding site contamination or other potential defects? What are the ongoing costs associated with maintaining the existing dwellings until development? Are there any specific council or state government requirements or approvals still needed for the project?

2,4,6 & 8 Olive Street, Dandenong, Vic 3175 - More Details

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Type
Townhouse
Bedrooms
3
Bathrooms
2
Parkings
2
Area
3,400 m²

Price guide

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