Stonebridge Property Group and Cushman & Wakefield are pleased to present 409 Clayton Road, Clayton, a major 2,100 sqm* corner development site with permit approval for a landmark 17-level mixed-use project.
The key highlights of the opportunity include:
- High-exposure 2,100 sqm* corner development site with 85 m* frontage to major arterials Clayton Road and Centre Road
- Precinct Zone – Schedule 1, as part of the Clayton Suburban Rail Loop (SRL) East Structure Plan Area
- Potential development outcomes including retail, aged care, childcare and other commercial uses (STPA)
- Permit approved for a precinct-defining 17-level mixed-use development comprising 144 apartments, 13,187 sqm* NSA/NLA and 22,247 sqm* total GFA
- Cost-efficient permit design incorporating a single-level basement and podium car parking
- Strategically positioned at the gateway to the thriving Clayton retail precinct, directly adjoining Coles and Chemist Warehouse
- Surrounded by key institutions and employment precincts, including Monash Medical Precinct (900 m*) and Monash University (1.7 km*), ranked third nationally and 36th globally in the QS World University Rankings
- Outstanding public transport connectivity, 400 m* to Clayton Train Station and the future Suburban Rail Loop Station, positioning the property within one of Melbourne’s major future transport interchanges
- Favourable planning environment supported by the forthcoming Suburban Rail Loop Precinct, driving significant future growth and density within this key metropolitan hub
- Ideally located within the Monash National Employment and Innovation Cluster, Victoria’s largest employment and innovation precinct outside the Melbourne CBD, supporting approximately 75,000 jobs and contributing $9.4 billion annually to the Victorian economy (Monash City Council 2026)
- Strong underlying fundamentals with forecast population growth of +2.6% p.a. to 2041 (LocationIQ 2026) and an affluent residential catchment underpinned by a median house price of $1,200,000 (REIV 2026)
409 Clayton Road, Clayton is offered for sale via Expressions of Interest closing Thursday, 27 August 2026 at 2:00 pm (AEST). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Stonebridge Property Group
Andrew Milligan
+61 421 559 992
Lucas Duffy
+61 417 596 560
Chao Zhang 张超
+61 411 625 068
Cushman & Wakefield
Leon Ma 马海翔
+61 417 070 725
leon.ma@cushwake.com
Joe Kairouz
+61 421 430 638
joe.kairouz@cushwake.com
*Approx.
STPA: Subject to permit approval
- Eastern Melbourne
