Colliers International is pleased to offer this existing block of flats that has the added benefit of a permit for a luxury townhouse development.
Positioned in a tree-lined street in the affluent area of Malvern East this luxury development site with strong holding income is not to be missed.
Key features are below:
• Permit approval for 4 luxury townhouses designed by Conrad Architects
• Existing whole block of 5 apartments providing a strong income stream
• Total land area of 780m²*
• General residential zoning
• Prime location within tree-lined Paxton Street
• Moments from Central Park, Darling and Caulfield Train Stations, Monash University – Caulfield Campus, St Mary’s Primary School
*Approx
For more information on this outstanding permit approved residential development site please contact the Colliers International Development Site Sales team.
Hamish Burgess 0421 641 497
Bryson Cameron 0434 608 316
Jun Lai 0456 535 000
Inspections by appointment only.