16 Marshall Avenue, Clayton, Vic 3168
Sold: $720,000 (12-14-2012)- hotel 5
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Just minutes' walk to Monash University and Monash Medical Centre the writing's on the wall for this home. The property has an existing permit to house up to 8 students, with an expired permit to add on another 7 double rooms to the existing residence, which would most certainly make gaining another permit a simplified process.
It's the ideal investment to secure fast, easy tenancy agreements to students at Monash or nursing staff at Monash Medical. Sitting on around 760m2 the land is substantial to add on to the existing home, which currently offers a comfortable floor plan comprising 5 bedrooms, 2 bathrooms, 2 toilets and a single garage. The location also offers convenience to bus services, Clayton train station and shopping precinct, as well as quick access to the Monash Freeway.