112 Burke Road, MALVERN EAST
Jonathon McCormack and Alex Ham from Gross Waddell have sold 112 Burke Road, Malvern East via Expressions of Interest for an undisclosed price.
Featuring a substantial 1,016m² of prime residential land, the corner property represented a unique opportunity to acquire a significant land holding in the heart of Malvern East. The property is located directly opposite Central Park and within one of Melbourne’s premier suburbs.
112 Burke Road is located approximately 8 kilometres* to the east of the Melbourne CBD, between Wattletree and Waverley Roads and within the Central Park Shopping Village. The property allows for the purchaser to create a landmark development (STCA) or occupy the large family home. Current improvements are a corner site with an existing six bedroom dwelling.
Malvern East features extensive public transport along Wattletree Road, Burke Road and Waverley Road and the Glen Iris Station (approximately 1.5 kilometers* to the north). Major recreational facilities include Central Park directly opposite and Harold Holt Swimming Pool. Many of Melbourne’s leading private schools and education facilities are located nearby including Sacre Couer, Korowa Girls School, Caulfield Grammar Junior School and Monash University (Caulfield Campus).
Jonathon McCormack and Alex Ham of Gross Waddell commented “sites of this magnitude rarely present themselves in this tightly held precinct. The property was sold to a local residential developer. Given the size of the corner property and the demographics of the vicinity we received significant interest from both local and off-shore developers alike.”