This classic weatherboard home on a rectangular block of approximately 733m2 in Clayton's Residential Growth Zone 3 (RGZ3) presents a highly prized investment and development opportunity (STCA). With Fregon Reserve and the Monash Medical Centre at one end of the street and convenient bus transport at the other as well as childcare, two primary schools, Mannix College, Monash University, Clayton shopping precinct and Clayton Train Station all within walking distance, this is a not to be missed opportunity. With secured lease of $21,900 per year until 24th February 2020. The established home includes an L-shaped living and dining room with timber floorboards, original heater and reverse cycle air conditioner, a separate kitchen with gas cooking, sunroom, three bedrooms, two built in robes, a family bathroom, separate WC and laundry. Outside, the large grassed yard includes a timber deck and pergola area for extended entertaining space, a generously sized shed for valuable storage and a single carport plus long driveway for additional off street parking. Want more? You got it! A bungalow in backyard also provides potential for a fourth bedroom, home office, studio or workshop; the choice is yours! Positioned only minutes to the Monash Freeway and Princes Highway, located in the heart of numerous school zones and so close to the conveniences of central Clayton, M City Precinct, Ikea Home Maker Centre, this classic home is the perfect opportunity for the savvy investor, renovator or focused developer. Contact: James Tan 0450-351-706 [email protected] Property Type: House Land Size: 733m² (Approx) Indoor Features: - Reverse cycle air conditioner - Heater - Timber floorboards - High ceilings - Gas cooking - Outdoor Features - Timber deck and pergola - Bungalow - Shed - Carport - Driveway parking