40 Evelyn Street, Clayton, Vic 3168

Attention all investors, homebuyers, developers and builders! Get ready for this fantastic brick residence setup for share accommodation within walking distance to Monash University on a huge block of 825sqm approx. is suitable for a variety of uses subject to council approval including a multi-unit townhouse development, dual-occupancy or apartment development site.

Currently fully tenanted to pay-off your mortgage while you get your plans and permits, this property has the relevant health and safety, smoke alarms, emergency lighting council requirements for share accommodation with Zone 1B fully approved and stamped.

Comprising:
6 large bedrooms All with tenants
2 fully renovated bathrooms
Polished floorboards throughout
Gas appliances & gas ducted heating

With a block of apartments right next door and on 825 sqm of land to further develop with huge potential for brand-new apartments (STCA), you can't go wrong with this secure investment.

What are you waiting for? In this hot market, this property will not last long!