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55 Argyll Street
Malvern East, VIC 3145
$1,700,000 - $1,750,000
Overview
55 Argyll Street, Malvern East VIC 3145
This exceptional property offers a rare opportunity to secure a course-side site with dual frontages, approximately 866 square meters of land, and a direct outlook to the prestigious Malvern Valley Golf Course. It stands as one of the last undercapitalised, dual-frontage properties backing The Boulevard, presenting an ideal canvas for a cutting-edge dream home or a beyond-par dual occupancy development, subject to council approval.
Envision your future on this spectacular site, where you can build tall to capture stunning views and build spaciously to accommodate a large family across generations. The property still allows ample space for gardens, garaging, and a pool, making it perfect for a family lifestyle.
Located in a highly sought-after family position, the property is within easy reach of eastern suburban schools and is equally close to Deakin University and both Monash University campuses. Local shops are within walking distance, surrounded by parklands, and the highly regarded Malvern Valley Primary School is just a short distance away.
Alternatively, this course-side site offers excellent potential to maximise value with its two premier addresses, situated within 350 meters of Holmesglen station, providing a convenient 26-minute commute to the CBD. It is also just minutes’ drive from Chadstone’s retail precinct, entertainment zone, and business center.
Do not overlook the value of the existing three-bedroom plus home-office, dual-zone residence currently on the property. The living and home-office areas extend along a full-width course-side balcony, offering peaceful views. The home is centrally heated and reverse-cycle air-conditioned, featuring a quiet lounge, a quality kitchen equipped with a dishwasher, built-in robes for every bedroom, and carport parking. There is also excellent scope to offset planning costs with a current tenant in place.
This property represents a unique blend of lifestyle, location, and development potential, making it a standout opportunity in Malvern East.
Location
Malvern East VIC 3145
Market Insights for Malvern East VIC 3145
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