A well-positioned development site at 1795-1797 Malvern Road, Glen Iris is for sale through an Expressions of Interest campaign being conducted through GrayJohnson Director Matt Hoath and Associate Director Rory White, in conjunction with Jones Real Estate's Paul Jones and Sam Guest.
Expressions of interest are being sought for an elevated development site with an expansive street frontage to Malvern Road.
Comprising two older style homes, 1795- 1797 Malvern Road, Glen Iris has a combined land area of 1,862 square metres with a street frontage of 37 metres.
Gray Johnson Director Matt Hoath says the property was being offered with a concept development plan prepared by the noted architectural practice of Bruce Henderson Architects.
At a glance:
Source: GrayJohnson
“This potential development site is zoned General Residential Schedule 7 and is ideally located relative to key schools, retail and services and strategic parklands and walking trails," he said.
Sam Guest of Jones Real Estate noted the site overlooked the Gardiners Creek Valley with access to the Monash Arterial, as well as being within reach of Glen Iris Train Station.
“This development site is about midway between High Street and Wattletree Road and is on the eastern side of Malvern Road," he said.
Source: GrayJohnson
The site is expected to attract offers in excess of $5 million.
For more property information or a copy of the development concept plan, email or phone Gray Johnson Director Matt Hoath and Associate Director Rory White, or Paul Jones and Sam Guest from Jones Real Estate via the details below.
The Expressions of Interest Campaign closes at 12pm on December 9.
Click here to view the listing.
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