A substantial allotment in a high-convenience location, offering an exciting opportunity to unlock its full potential.
Developers, builders and astute investors will immediately recognise the possibilities at 83 Bowen Street, Malvern East. Occupying approximately 674sqm, this sizeable allotment presents an outstanding opportunity to explore a potential multi-dwelling development or create a landmark new residence, subject to council approval.
With a generous backyard, an established residential setting and an existing three-bedroom home, the property provides an appealing foundation for those looking to maximise the potential of a substantial parcel of land. Whether you're planning your next development project, considering a knockdown and rebuild, or seeking a long-term investment with future possibilities, this is an opportunity to put your vision into action.
The existing residence comprises three bedrooms, one bathroom and parking for two vehicles. Currently tenanted on a month-to-month arrangement, it also offers the potential to generate rental income while you consider your future plans, subject to tenancy requirements.
Location is a major drawcard. Just moments from Phoenix Park, Malvern Valley Primary School and the Stonnington Sports Centre, the property is ideally positioned for an active, family-friendly lifestyle. Chadstone Shopping Centre and Chadstone Village are nearby, while Holmesglen TAFE, East Malvern Station and local golf courses further enhance the area's appeal.
For developers and builders seeking land in an established and well-connected suburb, 83 Bowen Street represents a compelling opportunity to secure a sizeable allotment with significant scope for the future.
674sqm. Outstanding convenience. An exciting opportunity to explore the possibilities.
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