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House for Sale in Carnegie
A Rare Strategic Development Opportunity on Dandenong Road
- 16 Beds
- 16 Baths
- 8 Cars
Prime ~2,496 sqm Blue-Chip Landholding with Multitude of Development Possibilities (STPA)
Positioned along one of Melbourne's premier arterial corridors, 1102-1106 Dandenong Road, Carnegie represents a high-caliber landholding offering scale, high exposure, and ultimate versatility. Spanning an impressive 2,496 m² approx., this site presents a blank canvas for developers, investors, and visionaries looking to capitalize on Carnegie's strong urban growth and high market demand.
Key Site Highlights
* Substantial Scale: ~2,496 m² of high-exposure land with substantial frontage along Dandenong Road.
* Flexible Development Avenues (STPA): Ideal scope for high/medium-density residential development, mixed-use projects, student accommodation, medical/healthcare facility, or childcare enterprise.
* High-Exposure Location: Tremendous vehicle visibility along Dandenong Road, perfect for commercial, mixed-use, or boutique residential branding.
* Unmatched Connectivity: Seamless access to major transport links, including Carnegie and Caulfield train stations, tram networks, and direct arterial routes into the Melbourne CBD.
* Driven by Precinct Demand: Minutes from Monash University (Caulfield Campus), Chadstone - The Fashion Capital, Caulfield Racecourse, and the vibrant Koornang Road retail and dining precinct.
Development Potential & Scope (STPA)
* This landmark site is situated within the Glen Eira municipality, a highly sought-after middle-ring suburb characterized by robust residential growth, strong median property values, and low vacancy rates.
* Developers can explore a multitude of high-yield outcomes (Subject to Planning Approval):
* Multi-Level Residential / Build-To-Rent: High demand for luxury apartment developments or a build-to-rent project catering to young professionals, local downsizers, and academic staff.
* Student Accommodation: Proximity to Monash University Caulfield creates a continuous stream of student housing demand.
* Medical / Healthcare Hub: Highly visible, accessible site footprint ideal for a multi-specialist medical clinic or allied health complex.
* Childcare Facility: High demand for early learning services driven by local demographic growth.
* Mixed-Use Precinct: Ground-floor commercial/retail spaces paired with premium upper-level residences.
Location & Lifestyle Drivers
* Education: Steps to Monash University (Caulfield) and within top-tier school catchment
* Retail & Dining: Moments to Chadstone Shopping Centre and Koornang Road's famous culinary strip.
* Recreation & Transport: Quick access to East Caulfield Reserve, local parks, and direct arterial links into the CBD via Dandenong Road/Monash Freeway.
2,496m² / 0.62 acres
8 off street parks
16
16
Next Steps:
Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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