Malvern
VIC
3144
Blue Chip Corner With Development Permits
Sold 04/05/2023 Undisclosed
Corner freehold with approved development permits for ground floor retail and four apartments on 250sqm approx. in the heart of the blue-chip Malvern Road shopping precinct.
- Excellent opportunity for occupiers, investors, developers
- 250sqm approx., Commercial 1 Zone
- Three frontages, Malvern Road, Cawkwell Street and Pryor Place
- Permit for 107sqm approx. commercial space, four apartments with garaging for four cars
- Existing ground floor retail, upstairs with four bedrooms and one bathroom or alternative office/studio
- Approximately 8km from the CBD in blue chip surroundings renowned for prestige homes, elite private schools and high-profile retail and dining precincts including High Street Armadale, Glenferrie Road Malvern and Malvern Central, Malvern Public Gardens, Cabrini Hospital.
- Sought after office and residential development area with numerous projects under development, in planning or recently completed.