1445 Dandenong Road, Malvern East VIC 3145

Discover a rare opportunity to secure an 870 m² approx high-exposure site zoned RGZ1 on Dandenong Road, Malvern East. This prime parcel offers outstanding redevelopment potential for an intelligently designed apartment complex or townhouse project (STCA), with the added flexibility to renovate the existing 1960s residence in this coveted locale or opt for a full knock-down to build your dream home. While you explore plans and permits, the current home can be occupied or leased to generate income immediately.

The solid brick home comprises three generously sized bedrooms with built-in robes, two bathrooms (main and ensuite), and formal living and dining rooms featuring polished timber floors. A separate original kitchen and laundry, double lock-up garage with secure side driveway, ducted heating, split-system cooling and a sun-filled north-facing rear garden complete this well-presented property.

Positioned just 1 km from Chadstone Shopping Centre, 500 m from Holmesglen TAFE campus and 2 km from Monash University Clayton, you'll enjoy unparalleled convenience. With Malvern East train station, cafés, parks and reputable schools all within easy reach. RGZ1 zoning promises generous site coverage and height allowances (STCA), ensuring maximum return in one of Malvern East's most sought-after precincts.