Cushman & Wakefield are pleased to present “Highview Malvern” at 1367-1383 High Street, Malvern & 189-191 Tooronga Road, Glen Iris For Sale by International Expressions of Interest closing Thursday 30 April at 2pm (AEST).
This high-profile corner amalgamation opportunity represents an unparalleled development prospect in Malvern, one of Melbourne’s finest residential and lifestyle precincts. With the potential for high rise development and/or commercial occupation or development given the high profile position this never to be repeated gateway site is not to be missed.
Key details are highlighted below:
- Expansive corner site of 3,012sqm* at the gateway to Malvern, one of Melbourne’s finest suburbs
- High profile site with expansive dual street frontages to both High Street and Tooronga Road of 118m*
- Planning advice and nearby planning proposals supporting development in the order of 7 levels^
- Supporting development schemes to this effect exhibiting potential for a major mixed-use development
- Elevated position with potential for CBD views together with Malvern tree top vistas
- Flexible Commercial 1 zoning over the majority of the site, with an existing General Residential Zone over the balance and the prospect of inclusion in the Housing Choice and Transport Zone under the Neighbourhood Activity Centres Framework
- High profile gateway position that could be utilised for commercial and retail uses drawing on this affluent local catchment and significant exposure
- Significant on-site improvements providing a strong passing income
- Proximity to Malvern Gardens, High Street Armadale, Glenferrie Road Malvern and some of Stonnington’s best residential developments
- Wealthy catchment with a prime position amongst some of Melbourne’s most affluent suburbs including Armadale, Glen Iris, Toorak and South Yarra
For more information, please contact the exclusive agents below.
Cushman & Wakefield
Hamish Burgess | 0421 641 497
Daniel Wolman | 0412 957 839
Oliver Hay | 0419 528 540
Leon Ma 马海翔 | 0417 070 725
*Approx.
^STPA
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