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1380-1388 Centre Road, Clayton South, VIC 3169

2. Property Highlights

Expansive 6,400 sqm* Landholding with Mixed-Use Development Potential (STCA)
  • 350 m* Walk to Clayton Road Shops
  • Mixed-Use Development Potential (STCA)
  • Existing Warehouse with Income

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:

中文咨询

Chao Zhang 张超

0411 625 068

微信号 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

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3. Property Location

1380-1388 Centre Road, Clayton South, VIC 3169