15-17 Koonawarra Street, Clayton VIC 3168

Perfectly positioned within walking distance to Monash University, only moments away from M-City, Monash Health, this dual holding delivers unmatched investment potential with excellent transport links & strong rental demand.

- Lot 15 is 17m x 41m on 697m2 with an original 3 bedroom house paying $2564pcm fixed lease ending 26/10/2025
- Lot 17 is 17m x 41m on 697m2 with approved plan & permit for 17 individual studio apartments, perfect for rooming house operators
- 5 min walk to Monash University & only moments away from M-City/IKEA Homemaker
- 10 min to Clayton Station, local shops & dining precinct
- Strong student rental demand
- Surrounded by established developments
- Modern, efficient infrastructure potential
- Ample storage & functional layouts
- Close to parks & amenities
- Near Victorian Heart Hospital
- Easy access to major roads & Monash freeway

This opportunity awaits the developer looking to capitalise on maximising their investment with multi-unit townhouses or apartments STCA. Similar sized land on next street has over 65 apartments approved and construction has completed.

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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.

http://www.consumer.vic.gov.au/duediligencechecklist