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SOLD
37 Paxton Street, MALVERN EAST, VIC 3145
Development Approved
DETAILS

ULTIMATE FLEXIBILITY: WHOLE BLOCK OF FULLY-LEASED FLATS + NEW PERMIT

The ideal investment opportunity to purchase a whole block of five (5) oversized Malvern-east flats that are fully-leased & income-producing and a clear refurbishment angle or potential rental uplift for value-add investors.

Plus massive development upside of approved permit for 10 high-end luxury apartments and alternative architectural concept for six (6) large, signature apartments.


Direct street frontage to the idyllic tree-lined Paxton Street.

A location that suits families, young professionals, down-sizers & retirees being only a short walk to vast array of lifestyle amenities: Central Park (450m*), Malvern Road Retail Strip (600m*), St Mary’s Primary School (250m*), Darling Train Station (750m*). 



Exceptional Malvern East Median House Price Growth of 99%** in just the past five (5) years - almost over double the Melbourne average.

For sale via public on-site auction Thursday 28th June 2018 at 2:30pm

Open for inspections:

Wednesday 27th June 10.30-11.00am

Thursday 28th June - Open an hour before auction

For information please contact the sales and marketing to register your interest.

Nathan Mufale
+61 416 789 218

Chao Zhang
+61 411 625 068

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
Auction:
Auction:
Thursday 28th June 2018 at 2:30pm
Property Area
AREA:
780 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Apartment Sites, Apartment Sites
Development Approved
DEVELOPMENT APPROVAL:
10 high-end luxury apartments and alternative architectural concept for six (6) large, signature apartments

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37 Paxton Street, MALVERN EAST, VIC 3145
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