3-5 Murray Street, Clayton, Vic 3168

Auction | $3,000,000 - $3,300,000

House
Type
9
Bedrooms
3
Bathrooms
3
Parkings
1,423 m²
Area

Published on Saturday, July 25, 2026 ( See property details for 3-5 Murray Street, Clayton, Vic 3168)

Auction | $3,000,000 - $3,300,000

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

A versatile development site in Clayton offering immediate income, approved medical development, and extensive future redevelopment potential within Melbourne's leading health and education precinct.

🏡 Property Highlights

  • Permit-approved four-level medical centre for 61 practitioners
  • Strategic location within Melbourne's premier health and education precinct
  • Immediate holding income from existing buildings
  • Exceptional redevelopment flexibility (STPA)
  • Large landholding of approximately 1,423 sqm with 33.8m frontage
  • Close proximity to Monash University, Monash Medical Centre, and future SRL Station

✨ Key Features

  • Open-Plan Living
  • Built in robes
  • Garage
  • Outdoor Area
  • Water tank
  • Floorboards
  • Alarm system
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Clayton is a vibrant suburb renowned for its world-class healthcare, educational institutions, and innovative research facilities. It offers excellent connectivity via train, bus, and major highways, making it ideal for healthcare and educational developments. The area boasts a thriving retail and dining scene, proximity to major shopping centres, and a strong community atmosphere. Its strategic location within Melbourne’s health and education hub ensures long-term growth and investment opportunities.

What is the current zoning and permissible uses for this property?
The property is located within the SRL Health & Innovation Precinct, with existing planning permits for a medical centre, and potential for various healthcare, research, residential, and mixed-use developments subject to further planning assessment (STPA).
Are there any restrictions or covenants affecting redevelopment?
Potential redevelopment options are subject to planning approval and compliance with local council regulations, with opportunities for amended permits to enhance development outcomes.
What are the existing income streams from the property?
The property currently generates holding income from three existing buildings, providing immediate cash flow for investors.
What is the condition of the existing buildings?
Details regarding the condition of the existing structures are not specified; prospective buyers should conduct their own inspections as part of due diligence.
Are there any environmental or site-specific risks?
The property is situated within a well-established precinct; however, buyers should verify any environmental or site-specific risks during their due diligence process.
Are there any hidden costs or upcoming council levies associated with the property? Has the property been subject to any planning or zoning disputes? Are there any easements, covenants, or restrictions affecting future development? What are the potential costs for site remediation or environmental assessments? Is there any history of flooding, bushfire risk, or other natural hazards in the area? Are there any planned infrastructure projects or developments nearby that could impact the site? What are the strata or body corporate arrangements if applicable? Are there any existing or planned construction activities in the vicinity that could cause noise or disruption? What are the compliance requirements for the existing buildings? Are there any heritage or conservation overlays affecting the site?

3-5 Murray Street, Clayton, Vic 3168 - More Details

Auction | $3,000,000 - $3,300,000

Type
House
Bedrooms
9
Bathrooms
3
Parkings
3
Area
1,423 m²

Price guide

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Auctions

  • 3-5 Murray Street, Clayton, Vic 3168

    Saturday 29 August
    12:00 pm

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