If there was a prize for the most potential an investment property could achieve, then surely this would win by far! Situated within a stone’s throw away from Monash University, public transport, easy access to the city and only minutes away from Clayton Shopping District, Clayton Train Station and Monash Medical Centre, set on a huge 727m2 approx. of land, this fully-renovated 9 bedroom brick-veneer property has a potential rental return of over $60,000 per annum! But wait, there’s more! Plans and permits for an extension above for 4 bedrooms plus study on top of the existing house has been approved by the council.

If that is still not enough for you, then why not build a double storey townhouse in the rear? With plans and permits for another 4 bedroom plus study, 2bathrooms, 3 toilets, separate family room and dining room approved by the council, only you could make this happen! This massive investment and development opportunity will not last long!