$1,520,000 to $1,600,000
0 Bed • 0 Bath • 0 Car • 700m²
New
17 Koonawarra street, Clayton VIC 3168
$1,520,000 to $1,600,000
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What's around Koonawarra street
Land description
“Development and passive income opportunity”
Location is everything when planning to transcend your property portfolio. This particular opportunity lends itself to a multi-site development (STCA) given the locality to Monash University and Monash Medical Centre. Preliminary plans are at the ready to further explore a triple story, 20 studio complex. Although, you may have grand plans for a luxury development site, a welcomed addition to an area nearing gentrification.
The block is 700sqm of vacant land, with a generous 17m frontage in General Residential Zone 6. Public transport, Ikea, M-City Shopping Centre, Clayton Road shops, restaurants and access to Monash Freeway make this opportunity a must to consider.
Contact us today to talk to us and we can also share our expertise on the $26k per month ($312,000 per annum) passive income opportunity this site has the ability to generate.
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What's around Koonawarra street
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Stavros Loizides
Fox First Real Estate
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