48-50 Kenmare Street
Mont Albert, VIC 3127

This exceptional property located at 48-50 Kenmare Street, Mont Albert, offers a premium land block with unlimited potential for development. The combined land size is approximately 2,367 square metres, split between two parcels: 48 Kenmare Street with about 1,198 sqm and 50 Kenmare Street with about 1,169 sqm. Indicative pricing for each parcel ranges from $2,950,000 to $3,150,000.

Situated in one of Melbourne's most sought-after suburbs, this property presents a lucrative development opportunity spanning over 2,300 sqm. The site currently features a substantial 8-bedroom, 6-bathroom brick house with 6 parking spaces, providing immediate accommodation and rental potential while planning for future redevelopment.

The location benefits from excellent connectivity and proximity to key amenities. Mont Albert is known for its vibrant community atmosphere, local cafes, and shopping precincts such as Box Hill Central Shopping Centre. The property is also close to quality educational institutions, including Mont Albert Primary School, Box Hill Senior Secondary College, and Koonung Secondary College, making it ideal for families.

The property is strategically positioned to capitalize on the area's ongoing growth and development. It offers an opportunity to create a landmark residential project or a multi-dwelling development, subject to council approval. The land's generous size and zoning flexibility provide scope for a variety of design options to suit contemporary living demands.

Nearby transport options include public buses and train stations, facilitating easy access to Melbourne's CBD and surrounding suburbs. The area's infrastructure supports a high standard of living with parks, recreational facilities, and community services within easy reach.

Investors and developers will appreciate the property's potential to deliver strong returns in a premium location. The existing dwelling offers a comfortable lifestyle or rental income while exploring redevelopment possibilities. This is a rare chance to secure a significant landholding in Mont Albert, combining lifestyle, convenience, and investment potential.

Expressions of Interest are invited, with inspections by appointment only. Interested parties are encouraged to act promptly to explore this unique opportunity in one of Victoria's most desirable residential precincts.