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Savills, with transaction management by JACX Property, is delighted to present For Sale 389 Alma Road, Caulfield North.
Formerly known as Benetas Lovell House, this vacant aged care facility strategically sits on a substantial landholding of approximately 2,230sqm* in a blue-chip location.
Key attributes of the property include:
• Flexibility to utilise the existing improvements or redevelop the site (STCA)
• Significant 2,230sqm* landholding boasting 36.6m* of prime frontage
• 40 bedroom facility (all with ensuites) providing a unique canvas for owner occupiers, and visionary developers
• Zoned Neighbourhood Residential (NRZ1) and suitable for medical, aged care, boarding house, day clinic, residential (STCA)
• Blue chip location with median house price of $2,190,000^
• Chadstone Shopping centre only 10 minutes away*
• Surrounded by an abundance of amenity with Dandenong Road (200m*), Glenferrie Road retail precinct (390m*), Malvern Central (500m*), and Malvern Train Station (500m*)
*Approximate ^realestate.com.au
For Sale Via Expressions of Interest closing Thursday 4 September 2025 at 4:00pm.
For further information please contact:
Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Remember to mention you found this property on DevelopmentReady
Savills, with transaction management by JACX Property, is delighted to present For Sale 389 Alma Road, Caulfield North.
Formerly known as Benetas Lovell House, this vacant aged care facility strategically sits on a substantial landholding of approximately 2,230sqm* in a blue-chip location.
Key attributes of the property include:
• Flexibility to utilise the existing improvements or redevelop the site (STCA)
• Significant 2,230sqm* landholding boasting 36.6m* of prime frontage
• 40 bedroom facility (all with ensuites) providing a unique canvas for owner occupiers, and visionary developers
• Zoned Neighbourhood Residential (NRZ1) and suitable for medical, aged care, boarding house, day clinic, residential (STCA)
• Blue chip location with median house price of $2,190,000^
• Chadstone Shopping centre only 10 minutes away*
• Surrounded by an abundance of amenity with Dandenong Road (200m*), Glenferrie Road retail precinct (390m*), Malvern Central (500m*), and Malvern Train Station (500m*)
*Approximate ^realestate.com.au
For Sale Via Expressions of Interest closing Thursday 4 September 2025 at 4:00pm.
For further information please contact:
Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093
Remember to mention you found this property on DevelopmentReady
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