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7 Manatunga Street

Clayton, VIC 3168, Australia
$1.30m
3 bed 1 bath 2 car725m²

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Area Price Guide
$1.22m$1.38m

Indicative price guide range

🏘️
81
Comparable
📊
$860,000
Area median
⚖️
+51%
vs median
📐
$1,793
Per m²
📏
725 m²
Land
🗓️
1 week ago
Listed

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About this property

Rarely does an opportunity of this calibre become available in the heart of Clayton. Set on a substantial allotment and offered with approved plans and permits for a 19-room rooming house development, this exceptional site is ready for immediate action. With the approval process already completed, developers and investors can fast-track their project in one of Melbourne's strongest growth and rental-demand locations. The existing three-bedroom residence provides holding income while future plans are brought to life. Approved plans and permits for a 19-room rooming house development Exceptional opportunity to commence construction without lengthy approval delays Prime Clayton location with strong rental and accommodation demand Existing three-bedroom residence offering immediate rental return Spacious living room with abundant natural light Functional kitchen with adjoining dining area Central bathroom plus separate laundry and powder room Polished timber flooring throughout much of the home Expansive backyard with storage sheds and future potential Long driveway with ample off-street parking for multiple vehicles Positioned in one of Clayton's most convenient growth corridors, this prime development site enjoys close proximity to Clayton Shopping Plaza, local supermarkets and the vibrant Clayton retail precinct. Monash Medical Centre, Monash University and M-City Shopping Centre are all within easy reach, enhancing its long-term appeal. Families will appreciate the nearby schools including Clayton South Primary School, St Peter's Primary School and Christway College, while Fregon Reserve and surrounding parklands provide excellent recreational options. Clayton Station and Westall Station offer convenient public transport connections, further supporting the site's strong future value and development prospects.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $6,302/month
    $3,151 /fortnight
    Loan $1,040,000 at 6.10% over 30 years

    Upfront costs

    Deposit$260,000
    Stamp duty$71,500
    Conveyancing (est.)$2,000
    Total upfront$333,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    2
    Land Area
    725m²
    Listed
    1 week ago

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