Sold
421,423-425 Malvern Road, South Yarra, VIC, 3141
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1. Property Summary
Land Area
966 m² (*approx)
Local Government
Stonnington
Selling Method
SOLD: SOLD
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2. Property Highlights
A BLANK CANVAS READY TO DEVELOP
- Premium development opportunity
- Office or residential development
- Two street frontages
Gorman Allard Shelton is pleased to offer 421, 423–425 Malvern Road, South Yarra for sale by way of Expressions of Interest closing on Thursday 15th September at 2pm.
This is a rare opportunity to acquire a premium development opportunity for either a boutique office or premium residential development on a main street location.
Key property features comprise:
* Two titles with a land area of 966 sqm approx.
* Short-term Income $200,194 pa net net
* Exceptional site with two street frontages:
– Malvern Road - 24.19 metres approx.
– McKillop Street - 24.10 metres approx.
* Zoned: Commercial 1
* Settlement: Vendor terms, up to two years are available
One of the last remaining development sites on the northern side of Malvern Road, South Yarra.
Located on the north side of Malvern Road near the corner of Hobson Street with rear access via McKillop Street approximately 200 metres west of the intersection with Williams Road.
Remember to mention you found this property on DevelopmentReady
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Development Potential
1. Property Summary
Land Area
966 m² (*approx)
Selling method
SOLD: SOLD
2. Property Highlights
A BLANK CANVAS READY TO DEVELOP
- Premium development opportunity
- Office or residential development
- Two street frontages
Gorman Allard Shelton is pleased to offer 421, 423–425 Malvern Road, South Yarra for sale by way of Expressions of Interest closing on Thursday 15th September at 2pm.
This is a rare opportunity to acquire a premium development opportunity for either a boutique office or premium residential development on a main street location.
Key property features comprise:
* Two titles with a land area of 966 sqm approx.
* Short-term Income $200,194 pa net net
* Exceptional site with two street frontages:
– Malvern Road - 24.19 metres approx.
– McKillop Street - 24.10 metres approx.
* Zoned: Commercial 1
* Settlement: Vendor terms, up to two years are available
One of the last remaining development sites on the northern side of Malvern Road, South Yarra.
Located on the north side of Malvern Road near the corner of Hobson Street with rear access via McKillop Street approximately 200 metres west of the intersection with Williams Road.
Remember to mention you found this property on DevelopmentReady
Read More
