129 Darling Rd, Malvern East is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 975m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Its Addressed:
Attention developers and investors! This is your golden opportunity to secure a prime piece of real estate in the highly sought-after suburb of Malvern East. With a generous land size of 975m approx., this property offers immense potential for development or investment.
What sets this property apart is its incredible development potential. Renowned architects have assessed the site and have indicated the possibility of building 7-8 luxury townhouses or even a luxury boutique apartment building STCA. Imagine the returns you could generate from this strategic investment!
The existing residence boasts 5 well-appointed bedrooms, 2 modern bathrooms, and ample parking space for 3 vehicles. Seize this exceptional investment opportunity with a ready-to-lease property that promises lucrative returns and long-term growth potential.
Located in the prestigious suburb of Malvern East, this property is surrounded by top-rated schools, cafes and shops, and convenient train, tram, and bus connections all within 5-minute walking distance. Commuting to the CBD is a breeze with easy freeway access just moments away.
Don't miss out on this rare chance to secure a property with immense growth prospects. Contact Octavian today to explore the endless possibilities that await you with this remarkable Malvern East gem.
"For more Real Estate in Malvern East contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."
The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of total area. The population of Malvern East in 2011 was 20,066 people. By 2016 the population was 21,713 showing a population growth of 8.2% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation. In 2011, 68% of the homes in Malvern East were owner-occupied compared with 64.9% in 2016.
Malvern East has 12,622 properties. Over the last 5 years, Houses in Malvern East have seen a 9.32% increase in median value, while Units have seen a -4.80% decrease. As at 31 August 2024:
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