This outstanding site offers a rare opportunity to acquire a strategic parcel in one of Clayton's most desirable locations (RGZ3). For investors and developers, this site provides the potential for a residential apartment complex and/or student accommodation given its proximity to the Monash Medical Centre and Monash University Clayton Campus. Residential Growth Zone Schedule 3 aims to direct residential growth and increased housing density in or near key activity centres, especially where there is good access to public transport, jobs and services.
Set on an allotment of approximately 695 sqm, the existing residence features three flexible bedrooms, one central fully-serviced bathroom, large living areas and ample parking options. The package presents an outstanding opportunity for renovation, replacement, or full redevelopment. Reimagine it as a family residence or as a development potential (STCA).
Ideally situated in the core of the medical and education precinct, the property is surrounded by major landmarks such as the aforementioned Monash Medical Centre and Monash University Clayton Campus, Clayton Rd Shopping District, transport avenues, schools, IKEA Homemaker Centre and M-City Shopping Centre.
Whether you're a developer, investor, or institution looking for a secure long-term asset in a sought-after location, this site offers a compelling and strategic opportunity that can accommodate any potential plans.
Current Rental: $2520 per month
Rental Term Expires: 01/08/2026
Auction terms - 10% deposit
Balance - 30 days
Please note:
• All enquiries MUST include a contact telephone number
• Photo ID Required for all Inspections
• Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
For all enquires please call Varun Ahuja 0404 954 492.
