Fantastic development opportunity for this original condition 3 bedroom residence with plans and permits approved for 3 double storey townhouses arises in one of Melbourne’s fastest growing suburbs with plans, permits, working drawings, landscape and drainage plans all completed and approved.

This rare residence set on a very wide frontage within approx. 1km to Clayton Train Station and surroundings including only minutes to Monash University, Monash Medical Centre, Clayton Community Centre is sure to get the blood boiling in any astute developer, builder and investor!

With huge re-sale values in the area as well as high rental yields, all the hard work has been already done, ready for you to commence construction in no time!

Currently featuring an original condition 3 bedroom 1 bathroom house returning $1474 per calendar month on a month-by-month tenancy.
Plans for 3 townhouses between 3-4 bedrooms up to 21 squares approx.

Plans and permits are available to view in office or by soft copy by email.

Auction: On site 11:00am on 11th December 2010

Terms: 10% deposit
Settlement: 60/90/120 days

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.