Absolute excellent opportunities for all developers and investors to the endless possibilities of this unique corner allotment.

With the student accommodation demand around the area, this lot can be one of the best options for the market. Located near Monash University and Mannix College presents some great possibilities for its new developer, with easy access to Clayton Central as well as Monash Hospitals and the M City Development.

The home has been converted to 12 studio apartments which have already been renovated and several are also already leased with a potential rental return of over $120,000-00 per annum once fully leased with the existing building. On top of that, the potential to further develop the rear backyard–facing Parker Street into more accommodations/ Townhouses with their own street frontage. Also, take advantage of the corner allotment and this excellent location and re-develop the entire site into apartments. Proposed GRZ6 zoning.

ALSO AVAILABLE BLOCK FOR DEVELOPMENT 205-207 Clayton Road - Total size 1,522 SQM
Call Angie Gao 0451 008 168