For Sale31 Grace Street, Mont Albert
Unrivalled Development Potential in Coveted Mont Albert
Auction
Inspections
An extraordinary and exceptionally rare opportunity awaits at 31 Grace Street. Settle your sights on this prized, substantial 810sqm approx. allotment boasting the ultimate advantage of three street frontages - a blueprint for a lucrative future. Currently comprising three well appointed two and three bedroom single level villa units generating immediate rental income, this property is perfectly poised for the discerning investor or developer. Imagine the possibilities for a luxury townhouse development (STCA) in a location where demand consistently outstrips supply.
This highly sought-after position is moments from Box Hill Central, Mont Albert, Surrey Hills & Balwyn shopping villages, the 109 tram, and Union Railway Station. It’s also zoned for Mont Albert Primary School and offers easy access to Melbourne’s elite private schools. This isn't just a property; it's a blank canvas for your next success.
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Welcome to Mont Albert 3127
Median House Price
$2,465,333
4 Bedrooms
$2,508,833
Mont Albert, situated just 12 kilometres east of Melbourne's CBD, is a suburb known for its leafy streets, grand heritage homes, and prestigious environment.
