- Property Type: House
About this listing
Explore the potential and exploit the position of this rare double block offering, encompassing a grand 1555sqm approx. allotment in the prized Residential Growth Zone 3 (RGZ3) where larger scale developments are encouraged and propose potential for apartments (STCA).
Placed on the doorstep of Monash Uni, shops and trains the site is perfect for a substantial townhouse/unit development, an extensive apartment complex, student accommodation or even a mixed-use café/childcare/medical center/apartment building (STCA). Allowing investors or developers to gain rental income whilst plans and permits are obtained, the two existing homes occupying the site are both in livable condition and provide quality accommodation for leasing purposes, while long settlement terms are also favorable.
Exceptionally situated in a Blue Ribbon location where you can easily walk to Monash Uni, Monash Medical Centre, Clayton Road shops, Clayton Train Station, buses and Clayton North Primary, whilst offering convenient access to the M-City development, Chadstone Shopping Centre, Glen Waverley Central and freeways.
Photo ID required at all open for inspections.