Residential: Apartment Sites, Student Accommodation Sites, Units, Boarding House
Significant development opportunity - RGZ1
Situated in a residential growth zone directly opposite Monash University's Caulfield Campus, this dual frontage allotment measuring 665 sqm (approx.) presents a prime development opportunity. Located 10km from the CBD, terrific scope exists for a four level plus development comprising residential apartments or student accommodation (STCA). Perfectly comfortable to live in or lease out while considering future options, the current single level dwelling encompasses three generous bedrooms, one bathroom with separate water closet, separately zoned living and dining, contemporary kitchen fitted with Smeg and Asko appliances as well as a versatile second living space. An external laundry, two storage sheds, plenty of off street parking and a substantial rear garden complete this rare and rewarding offering. Positioned in a highly sought central Malvern East location near a host of amenities, including trams, buses, Caulfield Station, shops, cafes and Caulfield Racecourse.
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