Sold42A and 42B Burke Road, Malvern East
Prime Corner Site Development Opportunity
Desirably positioned on a corner allotment in a leafy, sought after location, this substantial land allotment of 767sqm approx. represents an outstanding opportunity to both developer and investor alike.
The site is currently occupied by existing duplex residences achieving a combined annual rent of $50,000 which provides stable income while exploring new development opportunities (STCA) within a General Residential Zoning (GRZ - Schedule 7).
Surrounded by fine private schools and institutions, Caulfield Grammar, Korowa, Sacre Coeur, Monash Caulfield and walking distance to Hedgley Dene Gardens, Central Park, Caulfield station, Waverly, Dandenong Road and Wattletree Road Trams. Land: 17.98m x 42.67m - 767sqm approx.
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Welcome to Malvern East 3145
Median House Price
$2,052,500
2 Bedrooms
$1,518,750
3 Bedrooms
$1,855,000
4 Bedrooms
$2,462,750
5 Bedrooms+
$2,981,500
Situated 12 kilometres southeast of Melbourne’s bustling CBD, Malvern East is a suburb renowned for its blend of family-friendly charm and cosmopolitan living.
