Located in the heart of Clayton’s Activity Centre this substantial property of over 1000m2, boasts a highly sought after corner allotment ripe for development. Options exist to retain ‘as is’ (land bank), sub-divide with retaining the existing unit home or redevelop under the Residential Growth Zone (schedule 3); which provides for development up to 13.5m or 5-stories (STCA). Alternatively, smaller scale options such as the concepts shown within the images may be more desirable. The future of Clayton is enhanced with the Suburban Loop (SRL) project and strategies set by the Victorian Government and Monash Council to create a vibrant hub offering a diverse range of commercial and accommodation options for the growing population. Opportunities for redevelopment include student accommodation, medium density apartments, townhouses, medical facilities, childcare and more (STCA...