Future medical centre or childcare STCA

On a large 607sqm approx. corner block just moments from Holmesglen train station/TAFE and Australia's fashion capital - Chadstone Shopping Centre, this single level home is worth its weight in gold. A lucrative cashflow investment or redevelopment opportunity, it comes with a valuable permit to run a nine-bedroom rooming house.

With four bathrooms and a central kitchen, it can also serve as a student accommodation, conveniently placed half-way between Monash University and Deakin University.

Close to the Monash Freeway (Warrigal Rd entrance/exit) and across from the bus stop and the Homeplus Homemaker Centre featuring Bunnings, Officeworks and other large retailers, this land is ripe for redevelopment, with an opportunity to convert the site into a medical centre, childcare centre, or sought-after townhouses (STCA).

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

View in Google Maps

School catchments

Salesian College Chadstone Secondary 7-12 Catholic 0.69km
St Mary Magdalen’s School Primary Catholic 0.76km
Malvern Valley Primary School Primary Prep-6 Government 0.98km
Oakleigh Primary School Primary Prep-6 Government 1.6km
Oakleigh Grammar Combined Prep-12 Independent 1.9km
Mount Waverley Heights Primary School Primary Prep-6 Government 1.9km
Solway Primary School Primary Prep-6 Government 1.9km
Murrumbeena Primary School Primary Prep-6 Government 2.1km
Christ Our Holy Redeemer School Primary Prep-6 Catholic 2.1km
De La Salle College - Holy Eucharist Campus Combined Catholic 2.1km
St Michael's School Primary Prep-6 Catholic 2.1km
Ashwood High School Secondary 7-12 Government 2.1km
Ashburton Primary School Primary Prep-6 Government 2.2km
Parkhill Primary School Primary Prep-6 Government 2.3km
Sacred Heart School Primary Prep-6 Catholic 2.4km
Sacred Heart Girls' College Secondary 7-12 Catholic 2.4km
Amsleigh Park Primary School Primary Prep-6 Government 2.5km
Mount Waverley Primary School Primary Prep-6 Government 2.8km
Avila College Secondary 7-12 Catholic 3.6km
Emmaus College - Burwood Campus Combined Catholic 3.6km
Mount Waverley Secondary College Secondary 7-12 Government 3.7km
Mount Waverley Secondary College-Junior Campus Secondary Government 3.7km
Presbyterian Ladies' College Combined Prep-12 Independent 3.8km
Huntingtower School Combined Prep-12 Independent 3.9km
Korowa Anglican Girls' School Combined Prep-12 Independent 4.0km
Caulfield Grammar School - Malvern Campus Combined Independent 4.0km
Sacre Coeur Combined Prep-12 Catholic 4.1km
Mount Scopus Memorial College Combined Prep-12 Independent 4.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.