Superb, flat, parcel of prime Malvern East real estate, totalling 1,234m2 ( or 70' x 190') approx. with R.O.W. at the rear. Situated adjacent to Central Park and walking distance to local shops, Wattletree Road tram, Hedgeley Dene gardens and with easy acess to the CBD via the Monash Freeway. Zoned " Residential Growth Zone," the potential will be rewarded by high end multi level unit / apartment development ( STCA ). Included is a double storey 1920's solid brick family home that needs updating.The vendors will consider all offers above $2.3M and are happy to discuss a longer than normal settlement in order to assist with planning applications, etc.