854 Blackburn Road

Clayton VIC 3168

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Situated in fast-developing Clayton's General Residential Zone (GRZ6), this low-maintenance bungalow occupies a sizeable 683m2 block (approx.) in a real estate hotspot with plans and permits approved for four amazing-styled townhouses & currently leased out with great long-term tenants.

Positioned within a short walk of Monash University, M-City and the Monash Medical Centre - plus just moments from the Princes Highway, Clayton Station, and Clayton Shopping Plaza - this is an exceptional opportunity in a suburb that's benefiting from immense long-term investment and development.

Whether you're looking to renovate, invest or redevelop (STCA), this is your chance to win BIG!

This huge block is currently home to a solid brick bungalow, a separate weatherboard unit and a large single garage. The main house features three generously sized bedrooms, elegant hardwood floorboards, an enclosed front verandah, a fully equipped retro kitchen and a family bathroom.

However, the real jewel in the crown is undoubtedly the sprawling rear yard, which is ideal for developing or subdividing (STCA).

Clayton is the perfect place in which to dream big, with 60% of Clayton's residents currently renting and paying higher-than-average weekly rental costs. Townhouses and apartments are also in short supply, meaning the potential at 854 Blackburn Road is highly coveted.

As a suburb that's undergoing a massive transformation, growth is set to follow rapidly. The local population is forecast to increase significantly, as is the number of jobs within the Monash National Employment and Innovation Cluster (which boasts the largest number of jobs in Victoria outside of the CBD).

The long-term vision for the area also includes several exciting projects, such as an ambitious precinct plan and a brand-new underground transport super-hub for the $50 billion Suburban Rail Loop.

This is a once-in-a-lifetime opportunity that certainly won't stick around for long. Don't miss out, let's talk today!

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 we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective 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 checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist