Mixed Use - Retail Shopfront with Future Development Potential Above
This property is in an excellent location, at the intersection of Waverley Rd and Burke Rd in Malvern East. It is in the best location of Waverley Rd.
There are two parking spaces in the backyard and a wide driveway for vehicles to enter and exit. McDonald's is opposite. This property is 250 meters away from Monash University, 500 meters away from the train station, and close to Carnegie. This property is in the commercial 1 area of the city planning. It can be a three-story commercial or residential property.
The owner originally planned to have a shop on the ground floor and 8 studios on the second and third floors. The specific property development can be consulted by the design company and City Council.
This property was previously a pizza shop with a cold storage and exhaust equipment, but the floor was damaged and not repaired
Features
1 bedroom
1 bathroom
directions_car2 carspaces
directions_car2 garage spaces
53 m² floor area
crop_free167 m² lot size
cottageHouse
Happy sellers in Malvern East
88%
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88% of sellers in Malvern East reported that their sale price either exceeded or met their price expectations.
Malvern East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 31 reviews in Malvern East over the last 12 months.
Local market activity for 1 bedroom houses in Malvern East
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