1380-1388 Centre Road, Clayton South, VIC 3169 | Property Value & History | OnTheHouse
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1380-1388 Centre Road
Clayton South VIC 3169

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6400m2
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Property Details for 1380-1388 Centre Rd, Clayton South

Building Type
Commercial
Land Size
6400m2
Local Government
Kingston
Lot/Plan
1/SP31536

Last Listing description (September 2023)

Stonebridge Property Group is pleased to present for sale 1380-1388 Centre Road, Clayton South.

1380-1388 Centre Road, Clayton South is a significant 6,400 sqm* landholding boasting flexible Mixed-Use Zone and Design and Development Overlay outlining a preferred height of 6-storeys with potential to exceed these parameters (STCA).

Located 150 m* from the Cedar Woods completed master-planned residential community - Jackson Green - which comprises 151 townhouses and 400 new apartments, setting the precedent for a substantial development project along this section of Centre Road (STCA).

Situated in the prime Monash National Employment and Innovation Cluster, the second largest employment area in Victoria - contributing $9.4 billion to the Victorian economy each year^. Anchored by Monash Health medical centre, Victoria's largest public health service precinct in close proximity (850 m*), and Monash University, Australia's #4 ranked university only 1.8 km* away.

The site has a prominent 65 m* frontage to Centre Road and existing warehouse/office improvements totalling 4,541 sqm* Gross Lettable Area providing rental income of $256,287* p.a. plus GST, leased to national tenant Breeze Logistics.

The site is just 500 m* to Clayton Train Station and future Clayton Suburban Rail Loop Station, making the area a key transport interchange and development hot spot in Melbourne's southeast, expected to cater for more than 90,000 transfers a day by 2056^^. Clayton Road retail strip is only 350 m* away, providing access to Coles and Chemist Warehouse as well as, a range of cafes, bars and boutique retail outlets.

The key highlights of the opportunity include:

- Substantial 6,400 sqm* landholding with future development potential (STCA)

- Flexible Mixed-Use Zone providing substantial development potential with discretionary height of 20 m* (STCA)

- Potential development options include residential, student accommodation, retail, office, hotel or a true mixed-use project (STCA)

- Only 350 m* to Clayton Road retail strip, 500 m* to Clayton Train Station and future Suburban Rail loop station, 850 m* to Monash Health medical centre and 1.8 km* to Monash University

- Within the Monash Employment and Innovation Cluster surrounded by multiple national and international employers and research institutions: CSIRO, Monash University, Australian Synchrotron and Monash Health

- Existing warehouse/office improvements with 4,541 sqm* Gross Lettable Area

- Town planning advice from proUrban has suggested higher development outcomes are achievable for between 7-8 storeys (STCA), this detailed planning letter is available upon request.

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Chao Zhang
0411 625 068
chaozeee

Julian White
0422 764 137

Andrew Milligan
0421 559 992

* Approximate
^ Source: Victoria's Big Build
^^ Victoria's Department of Transport and Planning

Property Code: 699

Property History for 1380-1388 Centre Rd, Clayton South, VIC 3169

A timeline of how this property has performed in the market
Last Sold
$11,245,000
05 Sep 2023
Listed for Rent
14 May 2019
  • 05 Sep 2023
    Sold for $11,245,000
  • 20 Jul 2023
    Listed for Sale Contact Agent
  • 19 Dec 2017
    Listed for Rent - Price not available
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About Clayton South 3169

The size of Clayton South is approximately 8.3 square kilometres. There are 17 parks, covering nearly 16.1% of the total area. The population of Clayton South in 2016 was 12642 people. By 2021 the population was 13381 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayton South is 20-29 years. Households in Clayton South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton South work in a professional occupation.In 2021, 57.20% of the homes in Clayton South were owner-occupied compared with 57.10% in 2016.

Clayton South has 7,817 properties. Over the last 5 years, Houses in Clayton South have seen a 1.42% increase in median value, while Units have seen a 13.12% increase. As at 31 July 2026:

  • The median value for Houses in Clayton South is $939,862 while the median value for Units is $660,281.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 31 properties listed for rent in Clayton south on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Clayton south.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.