CBRE are delighted to present For Sale 'The Island' Dandenong, parcels A & B comprise a momentous 8.36ha* development offering of internationally significant proportion, eminently positioned to unlock substantial future value of numerous outcomes (STCA).
'The Island' offers unmatched exposure within the thriving Dandenong commercial activity centre, one of only seven National Employment and Innovation Clusters (NEIC) statewide.
'The Island' comprises the groundbreaking opportunity to deliver a substantial mixed use offering, with key highlights summarised below:
+ A landmark 8.36ha* island site comprising an unrepeatable level of highly strategic significance in the heart of Melbourne's booming South East growth corridor
+ A collection of multiple titles fully optimised and offered together across two (2) parcels forming an unprecedented opportunity for a world class development offering (STCA)
+ A highly seldom Island Site opportunity with numerous access/egress points, plus a strong holding income from numerous existing commercial improvements complimenting an attractive window for prospective development feasibility
+ Highly prominent total frontage of 775m across Princes Highway, Heatherton Road, Heatherton Link Road, and Adelaide Street, providing substantial exposure to over 60,000 passing vehicles daily, and seamless access to the CBD via immediate access to established arterial networks and a wealth of public transport offerings at the juncture of Princes Highway, The Eastlink Freeway, and Heatherton Road
+ Positioned on the doorstep of one of Victoria's largest retail and commercial activity centres, underpinned by projected population growth of 28,000* new residents across the next 10 years (1.2% growth p/a), and a $4.1 billion* increase in Gross Regional Product between 2017-2022
'The Island' Dandenong, parcels A & B are being formally offered individually or together via International Expressions of Interest campaign closing Tuesday 12th November at 2:00pm (AEDT).
All enquiries regarding 'The Island' should be directed to the exclusive sales agents below:
Trent Hobart
+61 433 196 452
trent.hobart@cbre.com
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Chris O'Brien
+61 407 664 233
chris.o'brien@cbre.com.au
David Aiello
+61 412 502 596
david.aiello@cbre.com.au
* Denotes Approximate
* City of Greater Dandenong
* Ethos Urban