Development site sales specialists Dominic Gibson & Steven Messina of Melbourne Acquisitions have been engaged to market for private sale a rare double site in the leafy suburb of Malvern East. The selling agents are known for listing some of Melbourne’s finest suburban development sites.
Further Development
Positioned on over 1,330 square meters of prime residential growth zone land and within in close proximity of Monash University, Holmesglen Institute, Waverley Oval, Caulfield Racecourse, Chadstone shopping centre and public transport – this site is well poised for future development.
Mr Gibson said ‘The properties situated at 13 & 15 Sylvester Crescent, is arguably one of the best residential investment opportunities available within the Malvern area’.
Income Potential
Offered as a double site, the combined properties feature two separate titles and individual large double storey family homes both with excellent income potential and plenty of flexibility for prospective purchasers to pursue their own planning application for townhouses or apartments (subject to council approval). Ideally located less than 2kms from the fashion capital – Chadstone, the largest shopping centre in the Southern Hemisphere and a rapidly expanding retail and commercial precinct, the site is also within close distance to Melbourne CBD, leading schools, Monash Freeway and conveniently positioned opposite Malvern East Train Station.