251 Waverley Road, Malvern East, Vic 3145
Sold: $1,266,000 (11-15-2014)- hotel 2
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Occupying a magnificent keenly sought-after corner allotment, this period home is waiting to meet its destiny. In largely original condition, the solidly proportioned layout features a formal lounge, dining room, living room or optional bedroom, two more bedrooms, functional kitchen and laundry. It's going to take a labour of love & the keen eye of a motivated renovator to bring it back to its former glory. Alternatively the title measurements of approximately 548 square metres & the freedom afforded by the two street frontages are really going to get land buyers & developers excited. The opportunity to recreate into an architectural triumph or multi-unit complex (subject to council approval) is inspiring & the location incredible. Surrounded by burgeoning new luxury, this masterpiece waiting in the wings is on the doorstep of trams & close to schools, Ardrie Park, Koornang Road shopping strip, Carnegie Station & Monash University's Caulfield Campus. Let it out as you make plans - big plans for the future. Whatever you choose to do, you're sure to gain the rewards of staking your claim in this prime position.