Colliers is delighted to offer a rare and prestigious development opportunity at 1341 Malvern Road, Malvern For Sale via Expressions of Interest closing on the 12th of September 2024 at 3pm.
This permit-approved corner site is situated in the esteemed suburb of Malvern, known for its blue-chip status and one of Melbourne’s highest median house prices. The site spans an impressive 1,182m² with a flexible Commercial 1 zoning, which allows for a multitude of uses (STCA), making it an ideal location for a mixed-use development. The property boasts a significant street frontage of 70 metres* to Malvern Road and Meredith Street, providing prominent exposure and accessibility.
Key highlights:
- High profile corner landholding of 1,182m²*
- Flexible Commercial 1 zoning allowing for a multitude of uses (STCA)
- Permit approved for mixed use development featuring residential, short stay hotel accommodation and retail
- Surrounded by some of Melbourne’s most prestigious residential real estate with median house price of almost $3,000,000
- Immediate access to public transport including Malvern Road tram and Tooronga train station a short walk away
- Exceptional retail amenity at your doorstep including Malvern Vale Hotel, Clubhouse Café, Teo’s Pizza & Bar, Milton Wine Shop, Neon Tiger, Cucina Di Gio & AM Bakehouse
- Close walking distance to some of Melbourne’s most highly regarded education facilities including Malvern Central School, De La Salle College, Lauriston Girls School, Little St Margarets Kinder, Montessori Beginnings
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