4 Como Street, Malvern

Nestled in a quiet cul-de-sac just off Glenferrie Road, this exceptional 241 sqm (approx) site presents a rare opportunity in one of Melbourne’s most tightly held inner-east precincts. Zoned Commercial 1, the property offers outstanding potential for a boutique office or medical development, ideal for investors, developers, or owner-occupiers. Currently improved by a well-proportioned 3 to 4 bedroom dwelling with existing use rights and two off-street car spaces, the site provides flexibility to generate holding income while pursuing planning approvals. Surrounded by new developments, this location is undergoing a vibrant transformation. With trams and trains (Frankston/Dandenong lines) moments away and direct access to new Metro Tunnel stations, connectivity is unmatched. Enjoy the lifestyle benefits of Glenferrie Road’s café and boutique strip, plus proximity to Malvern Central and surrounding retail hubs. Key Features: 241 sqm (approx) Commercial 1 Zoned land Existing dwelling with rental potential Ideal for office development or owner occupation 2 off-street car spaces Excellent transport links and lifestyle amenities Strong future growth and development prospects This is a unique chance to secure a site that combines immediate income potential with long-term development upside in one of Melbourne’s most desirable commercial precincts.