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Land/Development for Sale in Clayton
Redevelopment Site Opposite Monash University
- Building: 131m²
- Land: 697m²
Next Steps:
Property Price StatementCapitalize on a rare opportunity at 36 Wellington Road, Clayton. This strategically located allotment presents significant redevelopment potential within a highly desirable growth precinct.
Key Redevelopment Highlights:
• Land Size: Approximately 697m²
• Zoning: Residential Growth Zone 3 (RGZ3)
Location Advantages:
- Direct proximity to the Monash Medical Precinct, ideal for medical-related developments
- Positioned directly opposite Monash University, this property presents an exceptional opportunity for student accommodation or complementary commercial ventures
- Convenient access to Clayton's central amenities, including Clayton Station and the Clayton shopping and dining precinct
- Accessibility to major arterial roads and freeways
Development Potential:
- Situated within a zone that allows for various development options (STCA)
- Well-suited for potential townhouse, unit, or apartment complex developments, or medical facilities, subject to council approval
Location benefits:
- Easy access to public transport, including bus routes, and proximity to Clayton train station
- Close proximity to key amenities such as M-City shopping centre
This site offers a compelling opportunity for developers and investors seeking to capitalize on Clayton's strong growth and demand, with short term income offsetting holding costs.
131m²
697m² / 0.17 acres
Residential Growth Zone 3 (RGZ3)
Tenanted
Next Steps:
Property Price StatementAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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