December 20, 2018

The Last Slice of the Pie

100 & 104 Colemans Road, Dandenong South

With vacant land becoming rarer in Dandenong South and the rest of Melbourne’s south east region, prices have remained high for serviced development sites.  This has been shown with the recent sale via an EOI campaign of 100 and 104 Colemans Road, Dandenong South.

At approximately 16,185sqm, the Industrial 1 zoned property was sold for $5.95 million to a local developer.  This represents a sale price of around $367psm.  The site benefited from a wide street frontage of 80.5 metres, and a great location with easy access to key roads and highways.

Experts in commercial and industrial property across Dandenong and surrounding regions, Rory De Polo, Vincent Daniele and Renato Daniele marketed and sold the property.