TAG Real Estate Victoria proudly presents 238–246 Clarinda Road, Heatherton - a substantial 8.45-acre triple-fronted landholding offering massive shedding, outstanding freeway exposure, and flexible leasing potential in Melbourne’s inner southeast.
This rare opportunity combines scale, infrastructure, and location to deliver immediate income potential and long-term growth security.
The property is strategically positioned at the heart of Melbourne’s southeast growth corridor, benefitting from direct connectivity to major freeways and arterials. Its frontage to Clarinda Road, Old Dandenong Road, and the Dingley Bypass ensures constant visibility and accessibility, placing it on the doorstep of major employment and lifestyle hubs including Clayton Business Park, Braeside Industrial Hub, Monash University, and Moorabbin Airport.
The site includes a three-bedroom residence, established church facility, and a series of sheds and warehouses creating scope for diverse leasing options and multiple income streams. Extensive hardstand, secure fencing, and full utility connections further enhance operational flexibility.
The property presents scope for a diverse range of future uses (STCA) — from education and places of worship, nursery business, cold storage, to caravan operations, hospitality venues, function centres, NDIS portable housing, and broader community infrastructure. This adaptability enhances operational flexibility and supports long-term demand and capital growth across multiple high-performing sectors.
This location has become one of Melbourne’s most resilient investment corridors, supported by Kingston City Council’s $103.6 million capital works program and substantial forecasted population growth. With surrounding healthcare, retail, education, and commercial hubs reinforcing demand, the property is ideally positioned for continued capital appreciation.
Offering both secure income opportunities today and significant development versatility into the future (STCA), 238–246 Clarinda Road represents a standout acquisition for investors, land bankers, and operators seeking exposure, flexibility, and enduring value.
For further information or to arrange a confidential discussion, contact TAG Real Estate Victoria today - opportunities of this calibre are seldom available.
Key Features
• 8.45 acres* (3.42ha*) with triple frontage
• ~280m exposure to the Dingley Bypass
• Massive shedding, warehouses with 3-phase power
• 3-bedroom residence + established church facility
• Secure fencing, internal roadways & extensive hardstand
• Flexible leasing potential with multiple income streams
• Zoned for versatility with future development scope (STCA)
• Prime position in Melbourne’s southeast corridor
• Surrounded by major employment hubs – Clayton South, Braeside & Cheltenham
