For Sale

229 Clayton Road, Clayton, Vic 3168-Image

229 Clayton Road, Clayton, Vic 3168

$2,200,000 - $2,400,000

House

Type

Bedrooms

Bathrooms

Parkings

1,027 m²

Area

Published on Tuesday, May 05, 2026 ( See property details for 229 Clayton Road, Clayton, Vic 3168)

$2,200,000 - $2,400,000

View the agent price guide.

Jason Xi - Real Estate Agent - McGrath Estate Agents - Clayton

Jason Xi Managing Director/Head of Sales

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John Mu - Real Estate Agent - McGrath Estate Agents - Clayton

John Mu Senior Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in Clayton offering a substantial landholding, approved development plans, and a comfortable existing home in a highly sought-after location.

🏡 Property Highlights

Generous 1,027sqm landholding with development potential
Approved plans and permits for 8 triple-storey townhouses
Prime location in high-growth Clayton area
Existing functional three-bedroom home with rental income
Close proximity to Monash University and Medical Centre
Excellent connectivity via Clayton Station and major arterials

✨ Key Features

Open-Plan Living
Waterfront / Views
Outdoor Area
Secure Parking
Garage
Built-in Robes
Long driveway with ample off-street parking
Expansive backyard with development potential
Double car accommodation plus additional space
Light-filled living area with timber flooring

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229

Clayton, VIC 3168

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Suburb and Property Insights of Clayton, VIC 3168

Clayton is a vibrant suburb renowned for its educational institutions, medical facilities, and diverse amenities. It offers excellent transport links, including Clayton Station and major arterials, making it ideal for students, professionals, and families. The area is experiencing significant growth, with ongoing infrastructure projects like the Suburban Railway Loop enhancing connectivity. Residents enjoy proximity to shopping centres, cafes, parks, and recreational facilities, creating a highly convenient and dynamic community. The suburb's strategic location and development potential make it a prime choice for investors and developers seeking long-term growth.

Frequently Asked Questions

What is the current condition of the existing home on the property?

The existing home is an original three-bedroom residence with a functional layout, featuring a light-filled living area with timber flooring and a practical kitchen.

Are there approved plans for further development?

Yes, there are approved plans and permits for eight triple-storey townhouses on the property.

What are the potential uses for this property?

The property is suitable for build-to-rent projects, short stay accommodation, or further residential development, leveraging its zoning and permits.

What amenities and facilities are nearby?

The property is close to Clayton Shopping Centre, local cafes, Monash University, Monash Medical Centre, parklands, and is well connected via Clayton Station and major roads.

Is there scope for rental income while development plans are underway?

Yes, the property currently generates rental income of $1,999 per calendar month on a month-to-month lease.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with the approved development plans? Have all necessary zoning and planning approvals been obtained and are they compliant with local regulations? Are there any existing easements, covenants, or restrictions on the land that could affect development? What are the potential costs for site preparation, demolition, or infrastructure upgrades? Is there any history of flooding, bushfire risk, or environmental concerns on the property? Are there any upcoming planning or construction activities in the vicinity that could impact the property? What are the strata or body corporate considerations if applicable? Are there any noise, traffic, or neighbour-related issues to be aware of? What is the status of the existing dwelling’s condition and any required repairs? Are there any specific council or community requirements for development in this zone?

229 Clayton Road, Clayton, Vic 3168 - More Details

$2,200,000 - $2,400,000

Set on a substantial 1,027sqm (approx.) allotment in RGZ3 (Residential Growth Zone 3), this original three-bedroom home presents an exceptional opportunity for developers, investors or land bankers. With approved plans and permits for eight triple-storey townhouses, it offers immediate scope to capitalise in a high-growth Clayton location while retaining rental income in the interim ($1,999 pcm, month to month lease).

• Generous 1,027sqm (approx.) landholding
• Approved plans and permits for 8 townhouses
• Original three-bedroom home with functional layout
• Central bathroom
• Light-filled living area with timber flooring
• Practical kitchen with ample storage
• Expansive backyard with development potential
• Long driveway with ample off-street parking
• Double car accommodation plus additional space
• Suburban Railway Loop (SRL) under construction
• Perfect for Build-to-Rent or Short Stay Accommodation

Positioned in a highly sought-after Clayton pocket, the property enjoys close proximity to Clayton Shopping Centre, local cafés and everyday amenities. Within easy reach of Monash University, Monash Medical Centre and surrounding parklands, it is also well connected by nearby Clayton Station, bus routes and major arterials, ensuring outstanding convenience for future residents or tenants.

Feasibility Analysis and Plans and Permits upon request.

Photo ID is required at all open for inspections and auctions. We may refuse to provide further information about the property if you choose not to disclose your full contact details, including your phone number. Please note that properties listed for auction may be sold prior.

Disclaimer: In preparing this document, we have taken reasonable care to ensure that the information contained herein is true and accurate. However, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information provided. Purchasers should also refer to the due diligence checklist provided by Consumer Affairs Victoria. Please click the link to access a copy of the due diligence checklist.

http://www.consumer.vic.gov.au/duediligencechecklist

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 1,027 m²

Price guide

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Map & nearby places — 229 Clayton Road, Clayton, Vic 3168

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