** UNDER OFFER **
Permit approved in the heart of it all
9 level mixed use development
Located in a prime position in one of Melbournes most dynamic south-eastern suburbs, 99-121 Carinish Road, Clayton provides an opportunity to purchase one of Melbournes best mixed use development sites. A premium permit approved development in the heart of it all; neighbouring the train station, university, hospital and vibrant retail precinct.
Offering a rare island site with over 2,704 sqm* of land
Permit approved for a 9 level (plus basement) mixed use development including townhouses, retail, childcare and office
Comprising 9,330 sqm* of NSA and 19,514 sqm* of GFA
Zoned C1Z - offering the penultimate in flexibility to develop the existing permit or convert the permit envelop to hotel, residential, student accommodation or build-to-rent (STCA)
Situated in a bustling position; merely metres to Clayton Station, Monash Hospital and Claytons lively retail precinct
Clayton boasts a median house price of $1,058,000 (source ***) and is a major growth suburb for the City of Monash
The propertys location offers an extensive selection of primary, secondary and tertiary education options, including Monash University
Clayton houses one of Victorias most important medical precincts which is forecast to see an additional 3,000-5,000 jobs provided by 2036
The property is for sale via Expressions of Interest, closing Wednesday the 18th of November at 3:00 pm. For further information or to discuss the opportunity in detail, please contact Gross Waddell directly.
*Approx.
The size of Clayton is approximately 7.9 square kilometres. There are 9 parks, covering nearly 4.1% of the 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 12,322 properties. Over the last 5 years, Houses in Clayton have seen a -9.94% decrease in median value, while Units have seen a -1.19% decrease. As at 31 August 2026:
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