1766 Dandenong Road, CLAYTON
Price on Application
overview
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1P0959
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House
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Sold
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8
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4
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4
Description
Excellent Investment Opportunity!
An opportunity for all investors, renovators and developers available to you for the first time in many years as this perfectly located property comes up for sale.
Some key points of interest:
Land size 718 metres square approx.
Proposed zone GRZ6
4 self-contained units
Currently leased at $61k approx. per year
Potential return approx. 4.5-5% per year
This property allows for purchasing to land bank, renovate and/or extend the existing units, or future development subject to Council approval.
Short walking distance to Monash University, Monash Medical Centre and Children's Hospital, strip shopping/cafes, Clayton Railway Station.
Public transport to the door and easy access to Monash Freeway.
Some key points of interest:
Land size 718 metres square approx.
Proposed zone GRZ6
4 self-contained units
Currently leased at $61k approx. per year
Potential return approx. 4.5-5% per year
This property allows for purchasing to land bank, renovate and/or extend the existing units, or future development subject to Council approval.
Short walking distance to Monash University, Monash Medical Centre and Children's Hospital, strip shopping/cafes, Clayton Railway Station.
Public transport to the door and easy access to Monash Freeway.
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