Coveted Corner-Block Development Opportunity
On a coveted corner-block of 723sqm (approx), this 3-bedroom, 2-bathroom home is a prime opportunity in a blue-chip Malvern location. Substantial frontages to Stanhope St and Irving St plus the bonus of side laneway access enhance the appeal for builders and developers to capitalise on the general residential zoning (GRZ10) and create a luxury townhouse or apartment complex (STCA). Eminently liveable as is, with scope to rent out for an immediate income stream whilst plans and permits are set in motion, current interiors comprise lounge and dining rooms, separate kitchen/meals, sunroom and three robed bedrooms (master with private ensuite), while the established gardens surrounds include a backyard soaked in sunshine throughout the day. A double garage, gas-ducted heating and a separate laundry with outdoor access complete this exceptional prospect in a prized pocket moments to excellent public and private schools, city-bound trams, Cabrini Hospital, Malvern Public Gardens and the shops and cafés of Glenferrie Rd and High St.
In the neighbourhood
Open for Inspection
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