The backyard is north east facing. The slope of land is Nearly Level. More about the land block...
 
DEVELOPERS & INVESTORS LOOK AT THIS!!! CORNER ALLOTMENT OF 1391m2 APPROX. ONLY 250m TO MONASH UNI
2015 Dandenong Road, Clayton
ENDLESS Possibilities with this Unique Corner allotment.
In a market hungry for quality student accommodation, this truly unique property right near Monash University and Mannix College presents some great possibilities for its new owner. A rare and prime piece of real estate just a stone's throw to Monash University, and within easy access to Clayton Central as well as Monash Hospitals and the M City Development.
The home has been converted to 12 studio apartments of which most have already been renovated and several are also already leased with potential rental return of over $120,000-00 per annum once fully leased.
PLUS the potential to further develop the rear backyard – facing Parker Street into more accommodation/ Town houses with own street frontage.
OR take advantage of the corner allotment as well as this excellent location and re develop the entire site into apartments. Proposed GRZ6 zoning.
ALSO AVAILABLE BLOCK NEXT DOOR AT 2017 DANDENONG ROAD – HUGE DEVELOPMENT OPPORTUNITY OF OVER 2000M² COMBINED!
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Lot/Plan No: 48/LP20036