FOR SALE
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1905 Dandenong Road
Clayton VIC 3168

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
Land area: 212m2
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Introducing a Prime Investment Opportunity

NAI Harcourts is proud to offer this blue-chip property for the first time in 40 years. With a long-term lease in place, it is ideal for the astute investor seeking future value-add or development potential (STCA).
This fantastic development site is located in the heart of Clayton, boasting unrivalled main road exposure to Dandenong Road and proximity to Monash University, Monash Hospital, and Chadstone Shopping Centre.
- Land Area: Approximately 212m²
- Retail Area: Approximately 132m²
- Lease Details: 5-year lease starting from 21/07/2021, with two additional terms of five (5) years each
- Current Return: $37,113.78 per annum
- Features: R.O.W. with council parking at the rear
- Zoning: Commercial 1
- Location: High-profile corner at the intersection of Dandenong Road (Princes Highway) and Clayton Road
- Development Potential: There have been significant investments in the area, including mixed-use developments and commercial properties
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Property Details for 1905 Dandenong Rd, Clayton

Building Type
Commercial
Floor Size
132m2
Land Size
212m2

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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 11,967 properties. Over the last 5 years, Houses in Clayton have seen a -2.92% decrease in median value, while Units have seen a 1.40% increase. As at 30 November 2024:

  • The median value for Houses in Clayton is $1,161,192 while the median value for Units is $640,918.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 76 properties listed for sale, and 66 properties listed for rent in Clayton on OnTheHouse. According to CoreLogic's data, 380 properties were sold in the past 12 months in Clayton.

Suburb Insights for Clayton 3168

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Jason Bertram
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Ron Kohli
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Harcourts Judd White
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.