Back 70 Kanooka Grove
Off Market

70 Kanooka Grove

Clayton VIC 3168

8
6
2
700 m²
House
Last sold for $1,114,000
Jason XiJason Xi, last sold this property on 06 December 2014 after 32 days on market.

Overview

The Development Of A Lifetime! Plans and Permits Approved for 8 Apartments On 700m2 approx!

Current rental return: $85,000 per year! A fantastic opportunity arises for this 8 apartments development site with plans and permits approved by the council. Ideal for the builder or developer looking to increase their portfolio in a high rental/high re-sale value area set within walking distance to Monash University and only minutes away from Clayton Train Station, Monash Medical Centre, Clayton Community Centre and Clayton shopping strip, this perfect site in one of Melbourne's fastest growing suburbs will not last long! Featuring: The existing property consists of 8 bedrooms, 5 bathrooms and 6 toilets, currently rental return: $85,000 approx per year. Plans and permits comprises of 8 x 1 or 2 bedroom apartments (from 50sqm - 98sqm excl balcony or courtyard) with basement car parking. All you have to do is build the property and make the money! Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

8 bedrooms
6 bathrooms
2 carspaces
700 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Clayton over the last 12 months.

Property history for 70 Kanooka Grove

2020
Rented
Undisclosed
Leased on 03 Apr 2020 by McGrath Clayton
2014
Sold
$1,114,000
Auction Sale on 06 Dec 2014 by Jason Xi, of Ray White Oakleigh
2009
Sold
Undisclosed
Private Sale/Treaty on 30 Nov 2009

Happy sellers in Clayton

70%
70% of sellers in Clayton reported that their sale price either exceeded or met their price expectations.

Clayton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Clayton over the last 12 months.

Local market activity for 8 bedroom houses in Clayton

In the last 12 months, 1 eight-bedroom house similar to 70 Kanooka Grove, have been sold.

This represents a 50% increase in eight-bedroom houses sales when compared to the previous 12 months.

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