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44 Scott Grove, Glen Iris, VIC, 3146

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44 Scott Grove, Glen Iris, VIC, 3146

Glen Iris

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44 Scott Grove, Glen Iris, VIC, 3146

44 Scott Grove, Glen Iris, VIC, 3146

Properties / Sold / Victoria / Glen Iris
Development Potential
Property Type
Residential
Sub Type
Townhouse Sites, Land Site
Land Area
1,225 m² (*approx)
Zoning
GRZ10 GRZ
Local Government
Stonnington
Selling Method
SOLD: SOLD
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A super-sized 7 pack with multiple value add options

A super-sized 7 pack with multiple value add options - A significant and rare opportunity to acquire an entire apartment block in one of Melbourne’s most elite pockets. This is a blue chip calibre investment, representing huge potential for developers to completely transform the GRZ10 zoned, 1225m2 (approx.) site into multiple luxurious townhomes (STCA).

Currently, 44 Scott Grove consists of 7 apartments, each with a 2 bedroom, 1 bathroom floor plan comprising a formal lounge and kitchen with meals. Balcony views are assigned to top level apartments with each apartment allocated with convenient off-street parking. Well-maintained and presented, this residential complex also offers options for refurbishment and leasing.

Supremely positioned for convenience and lifestyle, walking distance to Gardiner Station, surrounding tram network, Gardiner Park, Harold Holt Swim Centre and several elite private schools. Situated near Tooronga Village, High Street shops and cafes and Malvern Central with easy access to M1 Freeway.

Excellent rental return with significant future opportunities to improve. Unit sizes range between 74 and 79 sqm approx. All units separately titled.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

44 Scott Grove Development Site Summary

Property Type
Residential
Sub-type
Townhouse Sites, Land Site
Land Area
1,225 m² (*approx)
GRZ10 GRZ
Local Government
Stonnington
Selling method
SOLD: SOLD

Development Site Highlights

A super-sized 7 pack with multiple value add options

A super-sized 7 pack with multiple value add options - A significant and rare opportunity to acquire an entire apartment block in one of Melbourne’s most elite pockets. This is a blue chip calibre investment, representing huge potential for developers to completely transform the GRZ10 zoned, 1225m2 (approx.) site into multiple luxurious townhomes (STCA).

Currently, 44 Scott Grove consists of 7 apartments, each with a 2 bedroom, 1 bathroom floor plan comprising a formal lounge and kitchen with meals. Balcony views are assigned to top level apartments with each apartment allocated with convenient off-street parking. Well-maintained and presented, this residential complex also offers options for refurbishment and leasing.

Supremely positioned for convenience and lifestyle, walking distance to Gardiner Station, surrounding tram network, Gardiner Park, Harold Holt Swim Centre and several elite private schools. Situated near Tooronga Village, High Street shops and cafes and Malvern Central with easy access to M1 Freeway.

Excellent rental return with significant future opportunities to improve. Unit sizes range between 74 and 79 sqm approx. All units separately titled.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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44 Scott Grove, Glen Iris, VIC, 3146

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Property Location of 44 Scott Grove, Glen Iris, VIC, 3146

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