Prime Corner Block in Residence Growth Zone, Just Steps Away from EVERYTHING!

Discover the potential of this exceptional property located at 620 Warrigal Road, Malvern East. This registered and licensed rooming house offers a high rental income, making it an ideal development and investment opportunity.

Key Features:
•Residence Growth Zone: Situated on a corner plot, this property is ideal for development into terrace townhouses (Subject to Council Approval).
•Spacious and Well-Maintained Backyard: A generous outdoor space perfect for relaxation and entertainment.
•Split System AC/Heating in each room and central ducted Heating: Ensuring comfort all year round.
•Disabled Access Bathroom: Thoughtfully designed to cater to all needs with accessibility in mind.

Location Highlights:
•Walking Distance to Holmesglen Station: Easy access to public transport for convenient commuting.
•Nearby Chadstone Shopping Centre: A premier shopping destination just minutes away.
•Close to Monash Freeway: Quick and easy access to major roads.
•Proximity to Peverill Park and Gardiners Creek Trail: Enjoy nature and outdoor activities with these nearby green spaces.
•Markham Reserve: Another fantastic park nearby, perfect for leisure and recreation.
•Malvern Valley Public Golf Course: A great spot for golf enthusiasts just around the corner.

Don't miss this unique opportunity to secure a property with excellent rental potential and significant development prospects in a prime location. Contact us today to arrange a viewing!

Photo ID required for all open inspection.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

Malvern Valley Primary School Primary Prep-6 Government 0.95km
St Mary Magdalen’s School Primary Catholic 0.98km
Salesian College Chadstone Secondary 7-12 Catholic 1.1km
St Michael's School Primary Prep-6 Catholic 1.6km
Solway Primary School Primary Prep-6 Government 1.7km
Ashburton Primary School Primary Prep-6 Government 1.7km
Ashwood High School Secondary 7-12 Government 1.8km
Oakleigh Primary School Primary Prep-6 Government 2.0km
De La Salle College - Holy Eucharist Campus Combined Catholic 2.1km
Parkhill Primary School Primary Prep-6 Government 2.1km
Murrumbeena Primary School Primary Prep-6 Government 2.1km
Oakleigh Grammar Combined Prep-12 Independent 2.3km
Mount Waverley Heights Primary School Primary Prep-6 Government 2.3km
Christ Our Holy Redeemer School Primary Prep-6 Catholic 2.5km
Essex Heights Primary School Primary Prep-6 Government 2.6km
Sacred Heart School Primary Prep-6 Catholic 2.8km
Glen Iris Primary School Primary Prep-6 Government 2.9km
Sacred Heart Girls' College Secondary 7-12 Catholic 2.9km
Emmaus College - Burwood Campus Combined Catholic 3.2km
Presbyterian Ladies' College Combined Prep-12 Independent 3.4km
Korowa Anglican Girls' School Combined Prep-12 Independent 3.6km
Mount Waverley Secondary College Secondary 7-12 Government 3.7km
Caulfield Grammar School - Malvern Campus Combined Independent 3.7km
Mount Waverley Secondary College-Junior Campus Secondary Government 3.7km
Avila College Secondary 7-12 Catholic 3.7km
Sacre Coeur Combined Prep-12 Catholic 3.8km
Huntingtower School Combined Prep-12 Independent 4.0km
Mount Scopus Memorial College Combined Prep-12 Independent 4.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.