Private Sale - Sold on May 1, 2023
$1,980,000
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Jared Wei
Director & OIEC
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Josh Yu
Licensed Estate Agent
Planning & Permit Tick for Student Apartments (STCA)
For investors looking to build student accommodation right on the doorstep of world-class Monash University, this project is ready for construction to start, gearing up for post-pandemic international student arrivals in 2023 and beyond.
This prime location adjacent the Monash Clayton campus offers a lucrative business opportunity with potential for 8-9% rate of return in this coveted education
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Land size: 778 Square Metres approx.
Location
Property statistics
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Victorian auction clearance rate
76%
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Auctions last week in Victoria
962
Schools
Clayton North Primary School
1714 Dandenong Road Clayton
Amsleigh Park Primary School
State Street Oakleigh East
John Monash Science School
Monash University, Clayton Cam Wellington Road Clayton
Pinewood Drive Mount Waverley
Christ Our Holy Redeemer School
43 Ferntree Gully Road Oakleigh East
Huntingdale Primary School
Grange Street Oakleigh South
Sussex Heights Primary School
Solomon Street Mount Waverley
Frank W Cheshire Education Centre
583 Ferntree Gully Rd Glen Waverley
Mount Waverley Primary School
1166 Centre Road Clarinda
Monash Special Developmental School
15-25 Academy Avenue Wheelers Hill
30 Academy Avenue Wheelers Hill
77 Waimarie Drive Mt Waverley
Syndal South Primary School
14 Montgomery Avenue Mount Waverley
Oakleigh South Primary School
Riley Street Oakleigh South
96 Bunney Road Clayton South
35 Charles Street Mount Waverley
250 Stephensons Road Mount Waverley
7 Allen Street Glen Waverley
10 Bosco Street Chadstone
Glen Waverley South Primary School
Whites Lane Glen Waverley
Brentwood Secondary College
Watsons Road Glen Waverley
South Oakleigh Secondary College
20 Warrigal Road Oakleigh
Sacred Heart Girls' College
113 Warrigal Road Hughesdale
Brandon Park Primary School
Cootamundra Drive Wheelers Hill
The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.
