229 Clayton Road

Set on a substantial 1,027sqm (approx.) allotment in RGZ3 (Residential Growth Zone 3), this original three-bedroom home presents an exceptional opportunity for developers, investors or land bankers. With approved plans and permits for eight triple-storey townhouses, it offers immediate scope to capitalise in a high-growth Clayton location while retaining rental income in the interim ($1,999 pcm, month to month lease). Generous 1,027sqm (approx.) landholding Approved plans and permits for 8 townhouses Original three-bedroom home with functional layout Central bathroom Light-filled living area with timber flooring Practical kitchen with ample storage Expansive backyard with development potential Long driveway with ample off-street parking Double car accommodation plus additional space Suburban Railway Loop (SRL) under construction Perfect for Build-to-Rent or Short Stay Accommodation Positioned in a highly sought-after Clayton pocket, the property enjoys close proximity to Clayton Shopping Centre, local cafés and everyday amenities. Within easy reach of Monash University, Monash Medical Centre and surrounding parklands, it is also well connected by nearby Clayton Station, bus routes and major arterials, ensuring outstanding convenience for future residents or tenants. Feasibility Analysis and Plans and Permits upon request.