2 Medical & Consulting Properties For Sale in Malvern

Landmark Investment

Corner Toorak & Tooronga Roads
Leased to Liberty Oil, Telstra & Optus
Total Net Income $493,819 per annum
Office area 1,017 m² approx. over two levels
Site area 810 m² approx.
Basement car parking over two levels for 33 cars
Zoned General Residential 2
Outstanding future Re-Development potential STCA
Brilliant accessibility and amenity
Opposite Tooronga Village Shopping Centre
7km East of Melbourne CBD
Located in one of Melbourne's most prestigious suburbs
Other nearby high profile tenants include Coles, Gazman, Bunnings, Cabrini Health, Bayer, C.G.I & Cairnmillar Institute

A compelling corner opportunity

The 740 sqm approx. allotment that accompanies this substantial Victorian era property, currently configured as dental consulting rooms, creates a uniquely rewarding opportunity for development, STCA, in an address designated Residential Growth Zone 1 with a Height Provision of 13.5m. Such a site, offering ideal proximity to Malvern Central, Malvern station, Glenferrie Road shopping and the Cabrini precinct, represents one of the most significant openings Armadale can offer, further enhanced by extensive second frontage to Gladstone Avenue. Including five principal areas, a self-contained one...