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64-66 Alexander Avenue, Dandenong.

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$2,880,000 - $3,160,000

64–66 Alexander Avenue, Dandenong - Premier Development Opportunity 4,624 sqm | GRZ1 | Multiple Development Pathways (STCA)

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 CBD, and major transport arterials, 64–66 Alexander Avenue offers scale, flexibility, and location that is genuinely difficult to replicate in this market. THE SITE Land area: 4,624 sqm Zoning: General Residential Zone 1 (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: 18–26 townhouses comfortably; up to 30 subject to design and council approval Dandenong's townhouse market continues to perform strongly, attracting both investors and owner-occupiers CHILDCARE CENTRE GRZ1 permits community and childcare uses (STCA) Site supports a 90–120 place centre (STCA) Large frontage enhances visibility - a key driver of childcare operator demand Potential to subdivide and retain balance land AGED CARE / RETIREMENT LIVING Capacity for 80–120 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 DANGENONG 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 out 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: www.consumer.vic.gov.au/duediligencechecklist

Senior Associate
Licensed Estate Agent
Property information
Property ID
222P646607
Property type
House
Land size
4624.0 sqm
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Get to know the area.

Proudly regarded as the most multi-cultural suburb in Australia, Dandenong is located south-east of Melbourne, on the northwest bank of the lower Dandenong Creek and just a 40 minute drive from the sunny beaches of Mornington Peninsula. ‘Dandenong’ takes its name from a creek flowing from the Dandenong Ranges and is possibly a deviation of the Aboriginal word ‘Tanjenong’ meaning lofty mountain. The area offers a peaceful alternative to the hustle and bustle of Melbourne and has a central business hub, plenty of employment opportunities and the stunning Dandenong Ranges only 21.6 kms away.

Your local office.

Belle Property Doncaster East's success embodies a deep understanding of the local real estate market and our commitment to providing premium client care. The agency stands out from the crowd as a fresh new office in the area with a great reputation of professionalism, integrity and well-achieved results, along with a vibrant team culture.

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