4 drysdale street, Malvern VIC 3144

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 2

Description: Positioned in one of Malvern's most sought-after and convenient locations, this exceptional address offers unbeatable walkability to Malvern Station, trams, medical centres, and the lively shopping and dining scene of Glenferrie Road. Just moments from Malvern Central and beautiful local parks, the lifestyle here is rich with amenities. Zoned for Malvern Central School & Glen Eira College. Surrounded by a choice of prestigious public and private schools, it's an ideal setting for families and professionals wanting to embrace the very best of Malvern living. The property is currently leased until 30 June next year to a great tenant wishing to stay on. Alternately this beautiful period building could be turned back into a family home with a large backyard. Key features include: Leased to Malvern Rheumatology Income: $71,640.58 Plus GST Plus outgoings Plus 3% increase per annum Term: Expiry 30 June 2026 Building area: 170 sqm approximately with 4 car parks Heating and cooling No heritage overlays Land size: 546sq.m with 12.7 meters of frontage Front Reception room plus six consulting/meeting rooms. Fully equipped kitchen and two bathrooms The State Government has identified both 2 & 4 Drysdale street as being within one of the train and tram activity centres. This shows the property could end up being able to achieve 12 storeys if it ends being part of the core catchup. The proposal is not yet complete and will be subject the department's decision. Making this property a great land bank. Note the backyard has an internal fence making the yard look smaller than what it is 2 Drysdale Street (adjoining property) is also for sale. 612sq.m with 14.4 meters of frontage. Properties can be purchased combined or individually. DISCLAIMER: Whilst every care is taken to supply accurate information our company cannot be held responsible for any incorrect information. It is recommended you satisfy yourself on the accuracy of the content and make your investigations. All measurements, dimensions, land sizes and indications of area and distance quoted are approximate.