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Investment Highlights

  • Situated within the Monash Technology Precinct, Victoria’s leading innovation cluster.
  • Total land area of approximately 2,087 sqm across three separate titles.
  • Excellent access to Princes Highway, Monash Freeway, and major regional arterials connecting to Melbourne CBD and eastern suburbs.
  • Zoned GRZ2 allowing flexibility for multi-level residential, mixed use, and alternative concepts (STCA).
  • Walking proximity to Monash University, Monash Medical Centre, Monash Children’s Hospital, Clayton shopping hub, and train station.

Executive Summary

This is an unrepeatable opportunity to secure a prominent main road site in the heart of the Monash Technology Precinct, Victoria’s largest hub for research, business, and employment outside the Melbourne CBD. Comprising approximately 2,087 sqm over three titles, the property benefits from its prime location directly adjacent to Monash University’s Clayton Campus, McDonald’s, and key lifestyle and retail amenities.
The site is zoned General Residential Zone – Schedule 2 (GRZ2), enabling a versatile range of outcomes, from residential and aged care development to student accommodation, service apartments, or integrated mixed-use ventures (STCA). Complemented by its connectivity to Monash University, Monash Medical Centre, Monash Children’s Hospital, Clayton railway station, and shopping precincts, this location guarantees ongoing demand from residents, students, and healthcare professionals.
This offering stands out as an exceptional land-banking opportunity or an immediate development proposition in one of Melbourne’s most dynamic growth corridors. The surrounding infrastructure investment, including road upgrades and major institutional developments, further enhances the long-term appeal of this asset.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units - Dorms
  • Bar
  • Carwash
  • Convenience Store
  • Healthcare
  • Health Club
  • Hold For Investment
  • Medical
  • Restaurant
  • Schools
  • Service Station
Total Lot Size 0.52 AC

1 Lot Available

Lot 1, 1, 6

Lot Size 0.52 AC

The property comprises three adjoining lots with a combined area of approximately 2,087 sqm, positioned along a major arterial within Clayton and forming part of the Monash Technology Precinct.

Description

The property comprises three adjoining lots with a combined area of approximately 2,087 sqm, positioned along a major arterial within Clayton and forming part of the Monash Technology Precinct.

  • Listing ID: 40504782

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 1730-1734 Dandenong Rd, Clayton, VIC 3168

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