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Overview
Set on a substantial landholding of approximately 785sqm across two titles, this late 1940s brick residence offers an exceptional opportunity in Glen Iris, combining generous living spaces with potential for redevelopment (STCA). The property’s prized north-facing rear garden enhances natural light and provides a tranquil leafy environment, perfect for families seeking a comfortable and functional home or investors looking for a versatile asset with occupancy flexibility.
Inside, the two-level floorplan has been refurbished and thoughtfully designed to maximize space and functionality. Accommodating up to five bedrooms along with multiple living areas including a rumpus room, study, and open family living and dining zones, it simultaneously supports lively family life and quiet moments. The inclusion of three toilets and two bathrooms further enhances convenience for larger households or guests.
- An oversized double garage delivers ample secure parking and storage, complementing the outdoor garden storage facilities.
- The mature trees and outdoor entertaining area in the rear garden offer a versatile recreational setting, encouraging relaxation and social gatherings.
- Ducted heating throughout ensures year-round comfort in Melbourne’s variable climate.
Currently tenanted for around ten years with the tenant amenable to continue or vacate, the property presents immediate investment appeal. Coupled with a wide street frontage exceeding 16 metres on the main title—extendable to nearly 20 metres with the adjoining parcel—the site invites exploration for a premium new home or dual townhouse development subject to council approval.
Conveniently located, the residence is moments away from key community amenities such as Hartwell Sports Ground, Ashburton Recreation Centre, Coles Supermarket, and reputable schools, alongside public transport and shopping precincts. This combination of spacious dwelling, generous land, and prime positioning makes it an attractive proposition for those aiming to enjoy lifestyle flexibility, investment security, or redevelopment potential in this sought-after suburb.
Local Market Insights
In Glen Iris, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $2,461,774. The property type mix of listed properties is predominantly Houses at 52%, followed by apartments (29%), and townhouses (6%). Marshall White was the most active agency in this area, representing 25.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Glen Iris VIC 3146
Market Insights for Glen Iris VIC 3146
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