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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9 Murray Street, CLAYTON, VIC, 3168