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1396-1402 Malvern Road, Glen Iris, Vic 3146
Glen Iris
SOLD!
Best Of Both Worlds
A property that delivers on the best of both worlds with an approved mixed use permit as well as existing improvements that allow for refurbishment. Situated in the heart of a desirable retail strip on the fringe of Malvern and Glen Iris, sites of this high calibre rarely arise.
• Mixed Use Planning Permit approved with approximately 3,126m² of project NSA
• Three existing adjoining buildings of approx. 1,815m²
• Site area of approx. 1,510m² with three street frontages
• Holding income of approx. $390,000 per annum
• Potential to reconfigure plans to deliver on higher end ultra-luxurious large apartments
• Highly sought after corner location
• Situated in the heart of thriving retail strip
• Surrounding median house price of approximately $2,000,000
• Fantastic public transport amenity with the number 72 tram out the front and Tooronga Train Station just a short walk away
• 7 kilometres from the CBD via Monash Freeway
• Close proximity to key shopping precincts such as the Tooronga Shopping Centre, Glenferrie Road shopping strip including Malvern Central
Colliers International
Jeremy Gruzewski
0422 211 021
Ben Baines
0438 328 407
Link Property
Cynthia O'Gorman
0410 720 188
Sheree Gibbs
0438 442 040
Remember to mention you found this property on DevelopmentReady
SOLD!
Best Of Both Worlds
A property that delivers on the best of both worlds with an approved mixed use permit as well as existing improvements that allow for refurbishment. Situated in the heart of a desirable retail strip on the fringe of Malvern and Glen Iris, sites of this high calibre rarely arise.
• Mixed Use Planning Permit approved with approximately 3,126m² of project NSA
• Three existing adjoining buildings of approx. 1,815m²
• Site area of approx. 1,510m² with three street frontages
• Holding income of approx. $390,000 per annum
• Potential to reconfigure plans to deliver on higher end ultra-luxurious large apartments
• Highly sought after corner location
• Situated in the heart of thriving retail strip
• Surrounding median house price of approximately $2,000,000
• Fantastic public transport amenity with the number 72 tram out the front and Tooronga Train Station just a short walk away
• 7 kilometres from the CBD via Monash Freeway
• Close proximity to key shopping precincts such as the Tooronga Shopping Centre, Glenferrie Road shopping strip including Malvern Central
Colliers International
Jeremy Gruzewski
0422 211 021
Ben Baines
0438 328 407
Link Property
Cynthia O'Gorman
0410 720 188
Sheree Gibbs
0438 442 040
Remember to mention you found this property on DevelopmentReady
1396-1402 Malvern Road, Glen Iris, Vic 3146
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
