Support Support
Your hub for guides, tutorials and product support
Support Support
Search
Back
Sold Check

59-61 Police Road, Mulgrave, VIC 3170

+4 Photos
×
Sold Check
+6 Photos
59-61 Police Road, Mulgrave, VIC 3170

59-61 Police Road, Mulgrave, VIC 3170

Properties / Sold / Victoria / Mulgrave
Development Potential
Property Type
Residential, Health/Medical
Sub Type
Land Site, Child Care, Medical
Land Area
5,345 m² (*approx)
LGA
Monash City
Selling Method
Private Sale: Contact the Stonebridge Team
Show All
One of The Last Infill Development Opportunities of Scale in Mulgrave
  • Commanding 5,345 sqm* Landholding
  • Expansive 37 m* Frontage to Police Road
  • 600 m* To Coles Springvale

Stonebridge Property Group is pleased to present for sale 59-61 Police Road, Mulgrave, a 5,345 sqm* landholding offering the potential for residential, childcare, medical or a clever combination (STCA).

The existing improvements feature a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideally suited for immediate use by religious or educational organisations.

The key highlights of the opportunity include:

- Commanding 5,345 sqm* landholding

- 37 m* frontage to Police Road

- Current improvements include a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideal for religious or educational uses

- Walking distance to several schools including Wellington Secondary College (400 m*), St John Vianney’s Primary School (400 m*) and Albany Rise Primary School (900 m*)

- Outstanding retail amenities with local shops along Police Road, just 650 m* from the major Springvale Road and Princes Highway intersection, a key retail hub featuring Coles, Dan Murphy's, and Bunnings, plus easy access to Waverley Gardens (2.1 km*)

- Excellent connectivity with Springvale Train Station just 2 km* away, multiple bus stops along Police Road, and a 20-minute drive to the CBD via the Monash Freeway on-ramp (2.5 km*), further enhanced by the forthcoming Monash Suburban Rail Loop Train Station

- Within the Monash National Employment and Innovation Cluster, the largest hub for employment outside the CBD, a strategic area that encompasses major employers and world-class research institutions: CSIRO, Monash Health, Australian Synchrotron and Monash University

- 3.2 km* from Monash University highlighting the excellent education institutions with convenient proximity for residents

- Surrounded by lifestyle amenities including Edinburgh Reserve (400 m*), Wellington Reserve (550 m*), and Sandown Racecourse (1.7 km*)

- Mulgrave boasts a strong median house price of $1,100,000 (REIV 2024), with a robust annual growth rate of 8.2% since 2019

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Julian White

0422 764 137

Andrew Milligan

0421559992

Chao Zhang 张超

0411 625 068

Property Code: 1113

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

59-61 Police Road Development Site Summary

Property Type
Residential, Health/Medical
Sub-type
Land Site, Child Care, Medical
Land Area
5,345 m² (*approx)
Monash City
Selling method
Private Sale: Contact the Stonebridge Team

Development Site Highlights

One of The Last Infill Development Opportunities of Scale in Mulgrave
  • Commanding 5,345 sqm* Landholding
  • Expansive 37 m* Frontage to Police Road
  • 600 m* To Coles Springvale

Stonebridge Property Group is pleased to present for sale 59-61 Police Road, Mulgrave, a 5,345 sqm* landholding offering the potential for residential, childcare, medical or a clever combination (STCA).

The existing improvements feature a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideally suited for immediate use by religious or educational organisations.

The key highlights of the opportunity include:

- Commanding 5,345 sqm* landholding

- 37 m* frontage to Police Road

- Current improvements include a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideal for religious or educational uses

- Walking distance to several schools including Wellington Secondary College (400 m*), St John Vianney’s Primary School (400 m*) and Albany Rise Primary School (900 m*)

- Outstanding retail amenities with local shops along Police Road, just 650 m* from the major Springvale Road and Princes Highway intersection, a key retail hub featuring Coles, Dan Murphy's, and Bunnings, plus easy access to Waverley Gardens (2.1 km*)

- Excellent connectivity with Springvale Train Station just 2 km* away, multiple bus stops along Police Road, and a 20-minute drive to the CBD via the Monash Freeway on-ramp (2.5 km*), further enhanced by the forthcoming Monash Suburban Rail Loop Train Station

- Within the Monash National Employment and Innovation Cluster, the largest hub for employment outside the CBD, a strategic area that encompasses major employers and world-class research institutions: CSIRO, Monash Health, Australian Synchrotron and Monash University

- 3.2 km* from Monash University highlighting the excellent education institutions with convenient proximity for residents

- Surrounded by lifestyle amenities including Edinburgh Reserve (400 m*), Wellington Reserve (550 m*), and Sandown Racecourse (1.7 km*)

- Mulgrave boasts a strong median house price of $1,100,000 (REIV 2024), with a robust annual growth rate of 8.2% since 2019

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Julian White

0422 764 137

Andrew Milligan

0421559992

Chao Zhang 张超

0411 625 068

Property Code: 1113

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

59-61 Police Road, Mulgrave, VIC 3170

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: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 59-61 Police Road, Mulgrave, VIC 3170

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Residential opportunity at 59-61 Police Road, Mulgrave, VIC 3170.

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report