First time offered in over 50 years! Perfectly located in a high growth location, this well maintained block of 5 two bedroom units on one title is to be sold and offered subject to existing tenancies as one incredible package. Currently returning $89,000 per annum approx and situated on a huge block of 1,188sqm approx of land, this site presents exciting future options to renovate, enhance or redevelop with a 3-5 level apartment complex, townhouses or student accommodation (STCA). The location is prime, just minutes walk to Clayton Station, Monash Medical Centre, local shops and cafes and within close proximity to Monash University, Oakleigh Shopping Village, Chadstone Shopping Centre and so much more. Don’t miss out on this massive investment opportunity to ensure blue chip returns. Landbank today and enjoy the benefits tomorrow.