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Land/Development for Sale in Clayton
Prime Clayton Redevelopment Site - Exceptional Potential
- Building: 131m²
- Land: 697m²
Next Steps:
Enquire with agentCapitalize 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).
- Suitable 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.
Currently being leased on a month to month basis by a Construction company for use as a site office while neighbouring buildings are completed at a monthly rate of $3281.45 + GST + Outgoings , please get in touch for agreement details.
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:
Enquire with agentDue diligence checklist for home and residential property buyers
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