644 Warrigal Road, Malvern East, VIC, 3145, Australia

Brilliantly positioned across the road from the vibrant Chadstone Village Shopping Centre, and with plenty of potential with an existing permit for a boutique apartment complex, this 5 bedroom double brick home needs to be snapped up immediately.

Sitting on a 613 sqm (approx.) block in residential growth zone, this home has approved permits to build a 4-level apartment building consisting of 2 and 3 bedroom residences. The design comes from award-winning Ascui & Co. The permit is set to expire at the end of March 2025, however there is the possibility of extending the permit (STCA). The home also yields excellent rental returns for those looking to take it on as an investment!

Living highlights include a generous rear family and dining zone which easily accesses a well-appointed kitchen, versatile front bedroom with open fireplace which could also be utilised as a 2nd living zone, 4 other inviting bedrooms, family bathroom, laundry, air-conditioning, sizeable rear covered entertainer's deck, back courtyard and garden flexible studio with powder room, and plenty off-street parking options.

Chadstone Village has all you need including Coles supermarket, JB Hi-Fi, Chemist Warehouse, and dining options. You're also very close to Chadstone Shopping Centre, Warrigal Road shops including 24hr Woolworths supermarket, Malvern Valley Primary School, Ashwood High School, Holmesglen TAFE, parklands surrounding Gardiners Creek Trail, buses, and Holmesglen Station.