FOR SALE
$226,000 to $248,000 MUST INSPECT

116/1728 Dandenong Road
Clayton VIC 3168

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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PRIME INVESTMENT OPPORTUNITY

Don't miss this golden opportunity to invest in a modern two-bedroom student accomodation apartment, conveniently located within walking distance of Monash University's Clayton Campus. Savvy investors can capitalize on the thriving student market, with an impressive rental return of approximately $29,000 per annum, thanks to a renewed lease until January 2026.
Key Features:
· Prime Location: Within walking distance of Monash University, Monash Hospital, Clayton shops, and public transportation.
· Modern Living: Stylish first-floor apartment with two bedrooms, an open-plan living/dining/kitchen area, and a private balcony.
· Fully Furnished as per inspection. Move-in ready with furniture, essential appliances, and heating/cooling.
· Secure Complex: Enjoy peace of mind with security video intercom, guest lounge, laundry facilities, lift access, and ample parking.
Act quickly to secure this fantastic investment opportunity!
Contact James Tan on 0450 351 706 or at Jamestan@melbournec21.com.au for more information and to arrange a viewing.
Note: Library photography utilised.
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Property Details for 116/1728 Dandenong Rd, Clayton

116/1728 Dandenong Rd, Clayton is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with CENTURY 21 Property Group.

Building Type
Apartment

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About Clayton 3168

The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2011 was 15,543 people. By 2016 the population was 19,348 showing a population growth of 24.5% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation. In 2011, 40.2% of the homes in Clayton were owner-occupied compared with 35.2% in 2016.

Clayton has 11,876 properties. Over the last 5 years, Houses in Clayton have seen a 3.10% increase in median value, while Units have seen a 4.16% increase. As at 31 October 2024:

  • The median value for Houses in Clayton is $1,166,254 while the median value for Units is $637,749.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 81 properties listed for sale, and 78 properties listed for rent in Clayton on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Clayton.

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