Strategically situated in Clayton's Activity Hub just beside the train station, these 4 individually titled units are being sold as one to create a once in a lifetime opportunity to acquire a high-yield investment or landbank opportunity with scope to redevelop in the Residential Growth Zone (STCA).
Encompassing a total 843sqm approx. allotment, the 4 units can expect a total rental return of $85,000 per annum making it perfect for long-term investment purposes while you plan the sites future with its zoning encouraging a larger scale development of up to 13.5m/5 storeys (STCA).
In their current format, the 4 units are neatly presented and packed with sunshine, with the layouts each embracing 2-bedrooms, bathroom plus an open plan living, dining and kitchen. Off-street parking is an added benefit, as is a communal laundry that's tucked at the rear of the complex.
Cementing the site's future value is its location, situated beside a laneway literally meters from Clayton Station and Clayton Road shopping strip, near Monash Medical Centre, Monash Uni, St Peter's Primary, Clayton North Primary, Westall Secondary, Clayton Fitness Centre, Clayton library, recreation facilities and cycling tracks.
Furthermore, work is already underway on the Suburban Rail Loop connection with draft planning outlining that 4 Thomas St will be in the proposed Clayton central retail, commercial and civic super hub, with the station linking with Cheltenham, Monash Uni, Glen Waverley, Deakin Uni and Box Hill.
Poised in an area that's earmarked for future development to accommodate population growth, surrounded by a lively, high-density neighbourhood that will consist of housing, retail, offices, dining and entertainment options, creating a vibrant and sought-after community to live and work.
