45 Castlebar Road, Malvern East VIC 3145

If you’re talking about position, connection and location in real estate, then this sprawling suburban property is sure to form part of the conversation. Set back off the main roads, yet within walking distance to the incredible Chadstone shopping and entertainment mecca, this amazing opportunity is set to provide a range of options for its lucky new owners. Ready to be lived in and currently returning a steady rental income, the spacious and perfectly placed residence has scope for further renovation or even complete re-development (STCA).

Plenty of off-street parking welcomes you in before you enter onto polished wooden floorboards which flow throughout an open entrance foyer and an expansive lounge and dining area. Forming the centrepiece of this flowing floor plan is an updated kitchen which features a built-in stainless-steel gas cook top, range hood, Bosch wall-mounted oven, dishwasher and an abundance of storage. Bedroom accommodation is housed off the hallway, where 3 bedrooms with built-in robes all enjoy proximity to the bathroom facilities which include a corner shower, separate bath and 2 vanities. Double doors off the dining space open out to a covered seating area and a large Northern backyard which has plenty of lawn for the kids and pets to explore. Here is where you’ll discover the hidden gem of this allotment, a double garage that has been converted into a modern fully self-contained studio with spacious living space, separate bedroom, bathroom and kitchenette. In a property that will only be limited by your imagination, there’s also secure off-street parking under the carport and gas ducted heating for comfort.

Close to Malvern Valley Primary School, Holmsglen train station the prestigious Oakleigh Grammar School, with easy access to Warrigal Road, Waverley Road and Dandenong Road, plus enjoying great connection to the Melbourne CBD via the Monash M1 Freeway - this is a property of current and future potential.