290 Clayton RoadClayton VIC 3168
Property Details for 290 Clayton Rd, Clayton
Last Listing description (August 2021)
POINT OF INTEREST:
Public Auction: Date to be confirmed.
They say real estate is all about location - and with three retail shops fully leased on the one freehold title, its never been truer. Situated in the prime Clayton Road retail precinct you can expect $161,577.48 per annum net in rental income and future residential development upside due to its 697 sqm* land size and rear laneway access.
Just 120 m* from Clayton railway station, the area is easily accessed by Clayton, Dandenong and Centre Roads, but the traffic that really stands out is the one by foot. Its one of the busiest areas in the suburb, as the locals like to keep it just that - local. The area also features a notoriously low vacancy rate - read: security and reliability.
Points worth mentioning:
-Three retail stores on one freehold title.
- Fully leased to three tenants.
-Combined rental income of $161,577.48 per annum net.
- Combined Security Bond of $44,932.74.
- 15 m* frontage to Clayton Road
- 350 sqm* total building area.
- 697 sqm* land area.
- Commercial 1 zoning.
- 12 on-site car parks at the rear.
- Suitable for future mixed use residential development.
- Access to 3 sides of natural light for development (front, rear and side common pathway access).
- Rear laneway access.
- 120 m* to Clayton railway station.
- 5.9 km* to the Monash Freeway.
POINT OF VIEW:
Some say its lucky for three shops in Claytons prime retail precinct to become available for purchase. We believe you make your own luck.
*Approx.
Pricing excludes GST
Property History for 290 Clayton Rd, Clayton, VIC 3168
- 19 Aug 2021Sold for $4,898,888
- 27 Jul 2021Listed for Sale Contact Agent
- 23 Feb 1994Sold for $388,800
Recent sales nearby
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0About Clayton 3168
The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2016 was 19358 people. By 2021 the population was 18988 showing a population decline of 1.9% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation.In 2021, 35.60% of the homes in Clayton were owner-occupied compared with 35.20% in 2016.
Clayton has 12,276 properties. Over the last 5 years, Houses in Clayton have seen a 17.70% increase in median value, while Units have seen a 23.00% increase. As at 30 November 2025:
- The median value for Houses in Clayton is $1,323,087 while the median value for Units is $698,714.
- Houses have a median rent of $620 while Units have a median rent of $595.
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