389 Alma Road

Caulfield North VIC 3161

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389 Alma Road Caulfield North VIC 3161

Development / Land
2,230 m²
For Sale, Contact the Savills team Today

Occupy Or Develop? The Choice Is Yours

Substantial land of 2,230sqm*
40 bedroom facility
Suit a range of outcomes

Savills, with transaction management by JACX Property, is delighted to present For Sale 389 Alma Road, Caulfield North.

Formerly known as Benetas Lovell House, this vacant aged care facility strategically sits on a substantial landholding of approximately 2,230sqm* in a blue-chip location.

Key attributes of the property include:
Flexibility to utilise the existing improvements or redevelop the site (STCA)
Significant 2,230sqm* landholding boasting 36.6m* of prime frontage
40 bedroom facility (all with ensuites) providing a unique canvas for owner occupiers, and visionary developers
Zoned Neighbourhood Residential (NRZ1) and suitable for medical, aged care, boarding house, day clinic, residential (STCA)
Blue chip location with median house price of $2,190,000^
Chadstone Shopping centre only 10 minutes away*
Surrounded by an abundance of amenity with Dandenong Road (200m*), Glenferrie Road retail precinct (390m*), Malvern Central (500m*), and Malvern Train Station (500m*)

*Approximate ^***

For Sale Via Expressions of Interest closing Thursday 4 September 2025 at 4:00pm.

For further information please contact:

Tim Grant - 0478 666 275
Linc Reynolds - 0457 930 093

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Floor Area	2,500 m²
Land Area	2,230 m²
Energy	Ask Agent
Parking	On site parking available
Building Type	Whole building
Annual Return	Ask Agent
Availability	Vacant
Property ID	2020169593
Category	Development / Land Medical / Consulting Offices
Last updated	1 Aug 2025

Map for 389 Alma Road Caulfield North VIC 3161

Nearest transport* to 389 Alma Road Caulfield North VIC 3161

Bus

Train

Tram

Alma Rd/Kooyong Rd (Caulfield North)	378 m
Alma Rd/Kooyong Rd (Caulfield North)	385 m
Wanda Rd/Kooyong Rd (Caulfield North)	415 m
Dandenong Rd/Kooyong Rd (Caulfield North)	431 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Floor Area	2,500 m²
Land Area	2,230 m²
Energy	Ask Agent
Parking	On site parking available
Building Type	Whole building
Annual Return	Ask Agent
Availability	Vacant
Property ID	2020169593
Category	Development / Land Medical / Consulting Offices
Last updated	1 Aug 2025

Co-Agents

Savills Melbourne

Savills Melbourne

More about 389 Alma Road Caulfield North VIC 3161

389 Alma Road Caulfield North VIC 3161 is categorized as Land & Development Property. It has a floor area of 2,500 m² and a land area of 2,230 m². The listing ID for this property is 2020169593.