Positioned 650sqm* in one of Malvern East's most connected and rapidly evolving pockets, among prized locations, this substantial four-bedroom residence presents immediate family appeal alongside an exceptional opportunity to capitalise on the area's exciting future.
Behind its timeless façade, generous proportions unfold with multiple living and dining zones, a functional kitchen, four well-appointed bedrooms, two bathrooms and parking for three vehicles (one garaged). Comfortable as is, the home also offers outstanding scope for multigenerational living, to renovate or create a contemporary family residence (STCA).
What truly distinguishes this property is its strategic location within the recently introduced HCTZ2 housing zone, of a narrow stretch of Malvern East surrounded by the golf course green and the Gardiners Creek on one side, and the other side by the expansive Holmesglen TAFE College. It supports significantly increased residential density, creating the potential for three-storey development (STCA). The re-zoning, combined with its convenient position, represents a compelling proposition, for a family, likewise for developers, investors and for forward-thinking buyers seeking to unlock the site's long-term value.
Perfectly positioned for a lifestyle of convenience, just a 10-minute walk to Holmesglen station or to bus services on Warrigal Road, the home enjoys easy access to Chadstone Shopping Centre, and to Warrigal Road's stretches of varieties of retail outlets. Also, via Waverley Road to its cafés and shopping precinct, Central Park, Hedgeley Dene Gardens, leading schools including Lloyd Street Primary School, Korowa Anglican Girls' School and Sacré Cur.
A rare opportunity where immediate comfort, premium landholding and exceptional future development potential come together in one of Malvern East's most sought-after locations.
*approximate land size
