1286-1288 Malvern Road, Malvern

Accompanied by plans to build five storeys, this potential-rich pairing of home and dual-frontage holding is one of the most exciting development prospects to grace the Malvern market for some time. With concepts imagined and finalised by industry leaders Architecton, Mixed Use zoning (MUZ) is optimised through commercial and residential spaces, rising from lower office and retail areas to four full-floor apartments above. As it stands, the classic home spans two storeys to feature four substantial bedrooms, two tidy bathrooms, multiple living zones, and a combined kitchen/dining area, giving the option to lease for a healthy return. With plans transforming a considerable backyard into eight car spaces and EV charging facilities, wide rear lane frontage opens avenues to take a different approach, use the yard as parking for a medical practice (STCA), or renovate and live luxuriously in one of Melbourne’s most revered settings. With trams, Tooronga Station, and the Monash Freeway streamlining city commutes, it’s only footsteps to great coffee, celebrated cuisine, vibrant nightlife, and eclectic shopping on Malvern Road, Glenferrie Road, and famous High Street, while elite schools in Lauriston, Loreto, De La Salle, Korowa, Sacre Coeur, and Caulfield Grammar all sit close by.