66 Wellington Road, Clayton VIC 3168

All about location sums up this wonderful property for sale!
Let me list just some of the important features:

Almost 1000 square metres of land
Proposed zone RGZ3 Commonly known as "Red Zone"
14 self-contained studio apartments
Returning almost $145k per year
Creating a return of approx.. 5%

This property has been held by the same landlord for many years and is offered for the first time to sell as an opportunity to all developers, investors or renovators. If your intention is for future development you have a secure income whilst preparing your plans and permits.
In the proposed (red) growth zone of Clayton the Monash University is across the road, Monash Medical Centre and Childrens Hospital, Clayton Railway Station, strip shopping centre/cafes and Community Centre is a short walk away. Public transport at the door and easy access to the Monash Freeway.