For Sale

36 Argyll Street, Malvern East, VIC, 3145

$1,340,000

4
2
3
650 m²

House

•

30+ days on the market

Next inspection:
Thursday 1 October 11:00 AM
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What's around 36 Argyll Street

Prime Landholding with Exceptional Development Scope

Positioned on approximately 650sqm* in one of Malvern East's most strategically placed and rapidly evolving pockets, this substantial four-bedroom residence presents an exceptional combination of immediate family appeal, generous landholding and significant future potential. Behind its timeless façade, generous proportions unfold across multiple living and dining zones, a functional kitchen, four well-appointed bedrooms, two bathrooms and secure parking for three vehicles, including one garaged. Comfortable in its current form, the residence also provides outstanding flexibility to accommodate multigenerational living, undertake a considered renovation or create a contemporary family home tailored to modern needs (STCA). Adding considerable weight to the opportunity is the property's position within the recently introduced HCTZ2 housing zone, forming part of a tightly held pocket of Malvern East bordered by the Holmesglen TAFE campus to one side and the golf course and Gardiners Creek environs to the other. The rezoning provides for significantly increased residential density, including the potential for three-storey development (STCA), creating a compelling proposition for developers, investors and forward-thinking buyers seeking to unlock the site's longer-term potential. Beyond its impressive landholding and development credentials, the location delivers exceptional everyday convenience. Holmesglen Station and bus services along Warrigal Road are both within an easy 10-minute walk, while Chadstone Shopping Centre and the extensive retail and amenity along Warrigal Road are readily accessible. The cafés and shopping of Waverley Road, Central Park and Hedgeley Dene Gardens are also close by, complemented by a selection of highly regarded schools including Lloyd Street Primary School, Korowa Anglican Girls' School and Sacré Cur. A rare opportunity to secure a substantial landholding in a tightly held and evolving pocket, offering immediate comfort today and outstanding scope for the future. *Approximate land size.

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