$1,520,000 to $1,600,000
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17 Koonawarra Street, Clayton VIC 3168

Land
Block size: 700 m² approx.

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.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Craig Mann to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Land
Block Size:
700 *

Other Details

Lot:
60
Plan:
LP10326
Legal description:
60\LP10326
Vatos Property Group
  • Craig Mann

    Vatos Property Group

  • Harry Solopitias

    Vatos Property Group

Maps and area information

Block information
Block size: 700 (approx)
Legal description: 60\LP10326
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
18 Jun 2016
Sold
.
Listed: 19/05/2016
Transfer type: Full transfer

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Clayton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
28 years
Population
18,988
Listing ID: 181883495. This listing has been viewed 16 times. It was first displayed on 28/08/2023 and last updated on 30/10/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.