RARE PERMIT APPROVED MEDICAL CENTRE ADJOINING MONASH HOSPITAL
Gross Waddell ICR is pleased to present this permit approved medical centre development located in the heart of Monash Employment Cluster and adjoining Monash Hospital precinct. Situated on a prime parcel of land with significant frontage to Murray Street, this property offers potential for medical developers/ operators to complete the project or scope to convert the permit to alternate uses (STCA).
• Favourably zoned Residential Growth Zone (RGZ3) and residing on a substantial 712 sqm* of land
• Permit approved for a state-of-the-art medical centre over 2 levels
• Plans offer 295 sqm* of NLA and 14 on-grade car parks
• Existing permit for five (5) practitioners
• Partly built structure in place offering immediate cost savings
• Ability to utilise the existing permit and structure or convert the permit to residential or other commercial uses (STCA)
• Clayton houses one of Victoria’s most important medical precincts which is forecast to see an additional 3,000-5,000 jobs provided by 2036
• Situated in a bustling position; merely metres to Clayton Station, M-City, Monash Uni and Clayton’s lively retail precinct
• Clayton boasts a median house price of $1,200,000 (source REIV) and is a major growth suburb for the City of Monash
• The property’s location offers an extensive selection of primary, secondary and tertiary education options, including Monash University.
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