49-51 Marshall Avenue, Clayton - VIC 3168

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49-51 Marshall Avenue, Clayton VIC 3168

$4,000,000 - $4,400,000

Search Band Search Visibility Band

$4M - $4.25M High Confidence Calculated based on strong search observations.

House 7 Beds 3 Baths 5 Cars 1460 m²

Listed: 2 days ago

Updated: yesterday

Overview

Situated in one of Clayton’s most sought-after precincts, this rare combined offering of two adjoining residential properties presents a valuable opportunity for developers, investors, or land banking. Spanning approximately 1,460sqm with an extensive 34.5m frontage, the site offers significant redevelopment scope, subject to council approvals, in a location prized for its connectivity and convenience.

The existing dual residences currently generate holding income or can serve as short-term accommodations, creating flexibility for the new owner. The smaller residence at No. 49 features two bedrooms, two bathrooms, and two parking spaces, while No. 51 includes five bedrooms, one bathroom, and three parking spots—together offering accommodation potential and immediate usability.

Beyond the residences, the expansive rear land and multiple outbuildings including garages, carports, and sheds provide exceptional versatility for various development concepts. The substantial frontage and depth of the combined lots further enhance possibilities for multi-dwelling projects or significant future builds.

Positioned within easy reach of Monash University, the Victorian Heart Hospital, and Monash Medical Centre, the location also benefits from proximity to Clayton Station, local shopping and dining precincts, and reliable transport links. Nearby educational facilities and parks further enrich the appeal for families or professional tenants.

This prominent landholding offers an entrance into one of Melbourne’s tightly hold residential markets with strong long-term growth prospects and potential for creative redevelopment strategies.

Local Market Insights

In Clayton, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 8 during the previous 30-day period, with an average advertised asking price of $1,866,500. The property type mix of listed properties is predominantly Apartments at 34%, followed by houses (21%), and townhouses (21%). The most active agency for houses in the Clayton area is currently McGrath Estate Agents, representing 67% of new listings, followed by Jellis Craig with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.