58 Belgrave Road, Malvern East VIC 3145

This property presents an outstanding investment opportunity, whether you're looking for a multi-generational family home or rental potential. With two separate units, each with its own entrance and double garage, it offers great convenience and privacy for residents and tenants.

This neat tidy home is located on a quiet side road, away from busy main streets, ensuring a peaceful lifestyle. The living/dining area with timber floorboards, a separate kitchen with a stainless steel oven, dishwasher, and plenty of cupboard space.

Property Features:

Ground Floor Unit: 2 bedrooms, 1 bathroom, 2 living rooms, 1 kitchen, separate entrance, and a double garage.

Upper Floor Unit: 2 bedrooms, 1 bathroom, 1 living room, 1 kitchen, separate entrance, and a double garage.

Closed to Solway Primary, kindergartens, and childcare centers, Scotchman's Creek walking and bike paths, locally renowned Phoenix Park, its community facilities and library, East Malvern Station, Waverley Road buses and Holmesglen TAFE.

Enjoy easy convenience to Chadstone, leading private schools such as Korowa, Sacre Coeur and Caulfield Grammar Junior, and the Monash Freeway.

Currently this property has tenants with term leases, and there is a good rental return. In addition, it has the potential for apartment development, as it is adjacent to a five-story apartment building(subject to council approval).