CBRE Melbourne Metropolitan Sales is pleased to present a prominent landholding located in Melbourne's luxurious inner east corridor.

This extraordinary & rarely offered opportunity can be summarised by the following key attributes:

Development Opportunity:

+ 554 square metre* prime landholding over two (2) title allotments with no heritage listing
+ Versatile Activity Centre Zoning providing for a broad range of development opportunities Including residential, mixed-use or social housing
+ Prominent street frontage and exposure of 17m* to Malvern Road one of Melbourne's most prestigious residential pockets
+ Favourable adjacent height precedence of 6-levels and benefitting from rear lane access

Existing Improvements:

+ Substantial existing improvements comprising two (2) existing side by side commercial buildings offered with Vacant Possession
+ Ready to occupy suiting a broad range of medical/consulting, office, social housing or backpacker/hostel users
+ Currently configured with twelve (12) rooms as well as reception/waiting areas & utilities Including kitchen areas, storage & bathrooms across the buildings
+ Additional expansive outdoor courtyard and rear access via rear carriageway

Location:

+ Surrounded by an abundance of retail, food, lifestyle & public transport including the picturesque Malvern Road Activity Centre on the sites doorstep & Prahran Market only a short stroll away
+ The world famous Chapel Street Is only 200m* away featuring some of Melbourne's finest food & nightlife
+ Located in the prestigious suburb of Prahran, a suburb which displayed one of Melbourne's strongest median house prices at over $1,845,000*, an increase of 6.5% over the past 12 months
+ The property Is also serviced by some of Melbourne's finest educational facilities with the highly regarded Wesley College nearby & 'The King David School' within close proximity (2km*)
+ Premium Prahran location only 500m* to Hawksburn Train Station & 600m* to Prahran Train Station, with expedient connectivity to Melbourne's CBD and South Eastern Suburbs via the Princes Highway

302-308 Malvern Road, Prahran is For Sale Via International Expressions of Interest Campaign Closing Thursday 4th July 2024 at 2:00pm (AEST)

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

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

David Minty
+61 422 564 1...
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.