Armadale Median PriceThe House price is 6% lower than last year. Surrounding suburbsCaulfield North | $1,931,000 | Malvern | $2,228,300 | Prahran | $1,686,700 | St Kilda East | $1,521,000 | Toorak | $1,929,700 |
| Map | Nearby prices | Property Description: | An exceptional development opportunity in one of Melbourne's finest suburbs SOLD at Auction: 551 & 553 DANDENONG ROAD, ARMADALE + Exceptional 1,263sqm* Armadale landholding over two titles plus rear laneway access + Highly favourable residential growth zone allowing for a four (4) level development (STCA) + High quality existing residential improvements offering potential holding income + Superior inner-east Melbourne location with strong sales confidence and median house price of $2,020,000** in Armadale + Fabulous retail and dining amenity offered at nearby Malvern Central (350m*) comprising a David Jones and Woolworths supermarket plus Glenferrie road, Malvern retail village + Excellent local amenity with picturesque Caulfield park only 700m* away, renowned Cabrini Hospital 950m* and Monash university 2km* + Direct access to Melbourne CBD with Malvern train station only 600m* or the 64 tram route on your doorstep, plus the Monash freeway THE PROPERTY WILL BE OPEN FOR INSPECTION: WEDNESDAY 30TH NOVEMBER 2016 BETWEEN 1:30PM & 2:00PM FOR SALE VIA PUBLIC ON-SITE AUCTION TUESDAY 6TH OF DECEMBER 2016 AT 2.30PM For more information please contact the CBRE Victorian Development Sites team: Julian White +61 422 764 137 David Minty +61 422 564 199 Nathan Mufale +61 416 789 218 *approx **Source: Real Estate Institute of Victoria | Search neighbour's planning permit | Property report from Government |
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