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229 Clayton Road
Clayton, VIC 3168
$2,200,000 - $2,400,000
Overview
229 Clayton Road, Clayton - VIC 3168
Set on a substantial 1,027sqm (approx.) allotment in RGZ3 (Residential Growth Zone 3), this original three-bedroom home presents an exceptional opportunity for developers, investors, or land bankers. The property includes approved plans and permits for eight triple-storey townhouses, offering immediate potential to capitalize in a high-growth Clayton location while retaining rental income in the interim with a month-to-month lease currently generating $1,999 per calendar month.
- Generous 1,027sqm (approx.) landholding
- Approved plans and permits for 8 townhouses
- Original three-bedroom home with functional layout
- Central bathroom
- Light-filled living area featuring timber flooring
- Practical kitchen with ample storage space
- Expansive backyard with significant development potential
- Long driveway providing ample off-street parking
- Double car accommodation plus additional parking space
- Suburban Railway Loop (SRL) currently under construction
- Ideal for Build-to-Rent or Short Stay Accommodation projects
Located in a highly sought-after pocket of Clayton, the property enjoys close proximity to Clayton Shopping Centre, local cafes, and everyday amenities. It is within easy reach of Monash University, Monash Medical Centre, and surrounding parklands. Excellent connectivity is provided by nearby Clayton Station, bus routes, and major arterial roads, ensuring outstanding convenience for future residents or tenants.
Feasibility analysis, plans, and permits are available upon request. This property represents a rare opportunity to secure a substantial landholding with development approvals in a prime location.
Prospective purchasers should conduct their own enquiries to verify all information and consider the due diligence checklist provided by Consumer Affairs Victoria.
Location
Clayton VIC 3168
Market Insights for Clayton VIC 3168
Other properties in this postcode
Auction | $800,000 - $850,000
1/98 Moriah Street, Clayton VIC 3168
AUCTION $950,000 - $1,045,000
1/6 Evelyn Street, Clayton VIC 3168
$1,250,000 - $1,350,000
3/24 Longbourne Avenue, Notting Hill VIC 3168
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
