1-4/1766 Dandenong Road, Clayton VIC 3168

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.