Attention investors and developers! Live there or rent it out now and prepare for future development. This strategically positioned and ideally located allotment has well established council-registered class 1B rooming house, and potential to construct multi-unit townhouses or apartments (S.T.C.A). Within walking distance from Monash University, easy access to Monash Medical Centre, Clayton Train Station, Clayton Community Centre, local shops, schools and public transport, what more can you want?
Features: The existing property consists of seven spacious and furnished bedrooms, two bathrooms, updated kitchen with gas stove and Individual fridge & pantry space for each room, gas hot water system, 2KW solar panel system, large common areas, outdoor decking and alfresco, with rental $4500 per month approx (annualized of $54,600 approx), all set on a massive block of land of 761sqm approx (17.01 x 45.08 = 761sqm approx),
With an enormous location and land size, this property would be your best investment for years to come!
Inspect now before it is too late!
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 enquires 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