One of The Last Infill Development Opportunities of Scale in Mulgrave

  • $3,000,000/Contact the Stonebridge Team

Property Description

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:

Julian White
0422 764 137

Andrew Milligan
0421559992

Chao Zhang 张超
0411 625 068

Property Code: 1113

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