29 Macgregor St Malvern East VIC 3145
$1.8 - $1.9mill
Rewrite History on a Blue-Chip Corner
Auction Details: Sat 16/04/2016 11:00 AM
Inspection Times:
Wed 06/04/2016 02:30 PM to 03:00 PM
Sat 09/04/2016 02:15 PM to 02:45 PM
Wed 13/04/2016 02:30 PM to 03:00 PM
Corner your place in history in the period precinct. Currently home to one of the substantial solid-brick period homes that make this location so desirable, this approx 696sqm property comes with plans and permits for dual frontage, dual occupancy development. and multi-purpose possibilities with scope to renovate or rebuild a family dream home.
See through this exciting project for two freestanding 4 bedroom, 3 bathroom, triple zone homes (each with their own double garage and street frontage) and be rewarded by strong demand for prestige new home living within reach of the Carnegie shopping strip and station, Monash University and the Dandenong Road tram route. Alternatively, keep this prime corner site all to yourself and build a dream home to capitalise on this family-wise location around the corner from Ardrie Park and three blocks to Lloyd Street School
But don't overlook the potential already here. Representing an increasingly rare opportunity to renovate a fine red-brick home, this beautifully proportioned 3 bedroom home features spacious lounge and dining rooms and serviceable kitchen and lean-to areas. There's even a neat second set of bathroom facilities out back and generous auto-gated garaging with a flexible teenager retreat/games-room. Currently tenanted until July 2016, this solid home will provide a readily rentable or lovely liveable option until it's time to capitalise on this prime corner site.
PROPERTY DETAILS
AUCTION
$1.8 - $1.9mill
ID: 364407
Land Area: 696 m²