Residential: Student Accommodation Sites
PRIME DEVELOPMENT OPPORTUNITY WITH PERMIT IN GRZ6 ZONE & WALK TO MONASH UNI
Harness the exceptional potential and convenient location presented by this expansive 725m2 (approx) level allotment and head confidently into the future.
Desirable land dimensions and in the GRZ6 zoning area this stand-out property has the scope for the construction of multiple Student Accommodation apartments with a current planning permit in place, underpinning its excellent prospects for future capital gains with approx. rental returns of over $250,000 per annum when built.
The other option is to just live-in or lease-out this very neat and clean 3 bedroom, 1 bathroom home whilst exploring future options STCA.
Prominently situated in a fast-growing and highly sought-after locale, a walk to Monash University and buses, and minutes to Monash Medical Centre, major Shopping centres and train station.
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