1522 SQM Approx Of Development Potential on Residential Growth Zone 3
205 - 207 Clayton Road, Clayton
This is a five-star development opportunity you have been waiting for! Boasting an excellent location within walking distance of Clayton train station, Clayton Rd retail precinct, Monash Medical Center, Monash University Clayton Campus, and only a short distance away from Chadstone Shopping Center, popular golf courses and the Monash Freeway. Fantastic 1522 sqm(approx) allotment that yearns to be developed (STCA) on the Residential Growth Zone Schedule 3, the moment has finally arrived for you to make your mark on the Clayton urban market by creating something truly special. Lease out the existing dwellings (currently leased for $9208 per month)
The sizeable block currently accommodates a character-inspired homes, however it will happily make way for a trendy development, whether that be a collection of modern Townhouses or smart and stylish apartments (STCA) up to four storeys depending on the lot size that will enjoy prominent exposure and convenient access to Monash Medical Center, Clayton train station,the Monash Freeway and Monash University.
Photo ID required at Private inspections.
*The RGZ3 applies to some of the residential land within the Clayton Activity Centre. This zone encourages an increase in housing growth and diversity of housing types in locations within the Clayton Activity Centre, as this location has good access to services, transport and employment opportunities. (Source http://www.newresidentialzonesmonash.com.au/ )