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Prime Development Opportunity in Malvern East

Positioned in one of Malvern East’s most prestigious pockets, this exceptional north-facing 780sqm allotment (18.3m frontage) presents a rare opportunity to build your dream home or explore multi-development potential. Perfectly located on the doorstep of Central Park and Village, and just moments from the tranquil Hedgeley Dene Gardens, this site offers an enviable lifestyle with cafés, shops, and transport all within easy reach.

Currently occupied by a charming four-bedroom period weatherboard home in original condition, the property offers immediate renovation potential or a blank canvas for redevelopment (STCA). With such generous frontage and a coveted north orientation, this is a rare chance to secure a prime piece of Malvern East real estate with endless possibilities.

*approximate land size

53 Paxton Street, Malvern East, 3145

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Appraisal Type

Welcome to Malvern East 3145

  • Median House Price

    $2,117,500

  • 2 Bedrooms

    $1,504,000

  • 3 Bedrooms

    $1,877,666

  • 4 Bedrooms

    $2,555,833

  • 5 Bedrooms+

    $2,963,333

Situated 12 kilometres southeast of Melbourne’s bustling CBD, Malvern East is a suburb renowned for its blend of family-friendly charm and cosmopolitan living.

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