Sold
One of the Last Infill Development Opportunities of Scale in Mulgrave
59-61 Police Road, Mulgrave VIC
Stonebridge Property Group is pleased to present for sale 59-61 Police Road, Mulgrave, a 5,345 sqm* landholding offering the potential for residential, childcare, medical or a clever combination (STCA).
The existing improvements feature a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideally suited for immediate use by religious or educational organisations.
The key highlights of the opportunity include:
- Commanding 5,345 sqm* landholding
- 37 m* frontage to Police Road
- Current improvements include a church and hall complete with ample on-site parking, as well as a separate vicarage /4-bed dwelling and double garage. The property is ideal for religious or educational uses
- Walking distance to several schools including Wellington Secondary College (400 m*), St John Vianney’s Primary School (400 m*) and Albany Rise Primary School (900 m*)
- Outstanding retail amenities with local shops along Police Road, just 650 m* from the major Springvale Road and Princes Highway intersection, a key retail hub featuring Coles, Dan Murphy's, and Bunnings, plus easy access to Waverley Gardens (2.1 km*)
- Excellent connectivity with Springvale Train Station just 2 km* away, multiple bus stops along Police Road, and a 20-minute drive to the CBD via the Monash Freeway on-ramp (2.5 km*), further enhanced by the forthcoming Monash Suburban Rail Loop Train Station
- Within the Monash National Employment and Innovation Cluster, the largest hub for employment outside the CBD, a strategic area that encompasses major employers and world-class research institutions: CSIRO, Monash Health, Australian Synchrotron and Monash University
- 3.2 km* from Monash University highlighting the excellent education institutions with convenient proximity for residents
- Surrounded by lifestyle amenities including Edinburgh Reserve (400 m*), Wellington Reserve (550 m*), and Sandown Racecourse (1.7 km*)
- Mulgrave boasts a strong median house price of $1,100,000 (REIV 2024), with a robust annual growth rate of 8.2% since 2019
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.