Sensational, architecturally iconic 1930?s Art Deco duplex on sizeable 930m2 grounds with separate titles to be sold as one. Each oversized whole floor apartment enjoys preferred north-westerly light and boasts grand proportions with multiple living areas, artisan brickwork, hardwood floors and rich period features. Offering a multitude of options to renovate, retain as a secure investment or convert to one large family home (STCA).
Existing accommodation features one three bedroom and one four bedroom residence, each with kitchen and open plan dining room, exquisite lounge room, large sunroom and three full bathrooms, the ground floor overlooking the well-presented gardens and the first floor enjoying fabulous city skyline views. Three generous garages, a communal laundry and vast amounts of land provide the potential for expansive private outdoor areas.
The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Malvern in 2011 was 9,502 people. By 2016 the population was 10,071 showing a population growth of 6.0% in the area during that time. The predominant age group in Malvern is 20-29 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation. In 2011, 67.9% of the homes in Malvern were owner-occupied compared with 66.7% in 2016.
Malvern has 6,512 properties. Over the last 5 years, Houses in Malvern have seen a 11.02% increase in median value, while Units have seen a 1.69% increase. As at 31 October 2024:
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