7 Jean Avenue, Clayton, Vic 3168

Presenting an outstanding opportunity for developers, investors and landbankers, 5 & 7 Jean Avenue, Clayton offer a rare combined landholding of approximately 1,528sqm in a highly sought-after central location. Situated within Clayton's evolving growth precinct, these adjoining properties present exciting potential for high-rise apartment developments, multi-level residential projects, townhouses or student accommodation, subject to council approval (STCA).

Currently comprising two separate residential dwellings, the properties offer excellent flexibility for future redevelopment. With potential to develop a multi-storey apartment complex, each future apartment could achieve an estimated rental return of approximately $600 per week, presenting an attractive opportunity for developers seeking substantial long-term rental income, subject to development approval and market conditions.

• Two adjoining properties offered together, comprising a substantial combined landholding of approximately 1,528sqm
• 5 Jean Avenue occupying approximately 768sqm and 7 Jean Avenue approximately 760sqm
• Two existing standalone residential dwellings offering flexibility for immediate use or future redevelopment
• Outstanding potential for high-rise apartment developments and substantial multi-level residential projects (STCA)
• Located within Clayton's evolving growth precinct, benefiting from the Suburban Rail Loop East Structure Plan and new planning framework
• Development opportunities to be explored under the applicable Precinct Zone (PRZ1) and associated built-form planning provisions, subject to confirmation
• Potential to develop multiple residential apartments, with estimated future rental returns of approximately $600 per week per apartment
• Generous combined land area providing flexibility for innovative architectural designs and high-density residential concepts
• Highly sought-after location benefiting from Clayton's ongoing urban transformation, infrastructure investment and strong rental demand
• Rare opportunity for developers and investors to secure a substantial landholding near major education, medical, shopping and transport facilities

Positioned in the heart of Clayton, these properties are just metres from Clayton Station, Clayton Shopping Plaza and the vibrant shops, cafés and restaurants along Clayton Road. The future Suburban Rail Loop station will further enhance the area's connectivity and long-term appeal. Monash University, Monash Medical Centre and the Victorian Heart Hospital are within easy reach, while Clayton North Primary School, John Monash Science School and nearby parks provide excellent local amenities. Convenient access to bus services and major arterial roads ensures seamless connections throughout Melbourne's south-east.

Type

House

Bedrooms

3

Bathrooms

1

Parkings

1

Area

1,528 m²

House Size

143 m²