50 Alice Street, Clayton, Vic 3168

Clayton was the number one performer in relation to median house price growth in 2015 at 28.3%. Beating the likes of Carnegie, Armadale, Hawthorn East and Hampton.

With everything from Monash University and Monash Medical Centre, a thriving hub with shops, cafes and great transport, it's no wonder Clayton is Melbourne's real estate hot spot right now.

Close to all of it, this classic home on around 698sqm is being sold for the first time in 35 years and gives its new owner the chance to either update and modernize it as their new home, convert it into student style accommodation or redevelop with a luxurious new home or multiple units (all options are STCA).

Currently, the potential annual rental yield for similar properties would be in the vicinity of $23,460 - $26,071 approx (eg $450 - $500 per week approximately)

Looking very pretty from the street with its maintenance free Aluminium clad facade and front porch you step inside and find a beautifully kept home with lots of timber highlights and great natural light.

It features a generous lounge with a gas log fire, an adjoining meals area and an updated timber kitchen with gas oven/stove and double pantry.

There are 2 bedrooms with built in wardrobes plus a study or 3rd bedroom, an immaculate bathroom and a separate toilet.

The huge rumpus room at the rear has its own entry and has the possibility of converting into self-contained accommodation or dividing into additional bedrooms.

There's also ducted heating and evaporative cooling and an alarm while outside you find 2 carports and a garage/workshop plus a covered patio in the big backyard.

Feel free to contact me directly for more information.