1647-1653 Malvern Road Glen Iris VIC 3146

**EOI Closed - Offers Under Review**

CBRE Melbourne Metropolitan Sales is delighted to present for your consideration a 'ready to develop' Glen Iris landholding complete with planning permit for a high quality residential project. Located at 1647-1653 Malvern Road, the property is positioned along arguably one of Melbourne's most successful development boulevards.

This outstanding opportunity can be summarised by the following key attributes:

+ 1,883sqm* prime landholding over two (2) title allotments

+ Permit approved for thirty-six (36) apartments across 2,277sqm* of Net Saleable Area (NSA)

+ Two (2) established large family residential dwellings offering income

+ Elevated land profile with picturesque panoramic views

+ Highly flexible General Residential Zone providing a four (4) level height allowance (STCA)

+ Located in the prestigious suburb of Glen Iris, a suburb which displayed one of Melbourne's strongest median house prices at over $2,472,000*, representing a 24%* increase over the past 5 years

+ Premium position only 150m* to Gardiner Train Station, No. 72 Tram route in Camberwell, with expedient connectivity to Melbourne's CBD and south eastern Suburbs via the Monash Freeway

+ Surrounded by an abundance of retail, food, lifestyle & public transport including the picturesque Malvern Road Activity Centre (700m*) with immediate tram access along Malvern Road on the site's doorstep & Glenferrie Road nearby

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 199
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.