16 Malahang Parade
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About this property
SOLD By Miles Real Estate. Directly opposite and overlooking the green expanses of Malahang Reserve, this prime corner property presents a compelling opportunity to reimagine, rebuild and capitalise on one of the area's most impressive park-front settings. Situated on the corner of Coral Street with prized north-facing rear orientation and an uninterrupted outlook across the reserve, this generous parcel of level land with its existing uninhabitable dwelling opens the door to a clear and exciting path forward to lifestyle excellence. Whether imagining a stunning new residence or exploring development possibilities (STCA), the fundamentals for success are firmly in place: corner access, side driveway, sunny rear aspect, flexible proportions and a setting that will always be defined by its parkland position and views. An iconic community asset, Malahang Reserve is a large, flat, grassy park popular with families that includes a fabulous playground, BBQ facilities and picnic areas, while its tranquil, treed eastern section bordering Coral Street is notably quieter and more secluded. Be the beneficiary of this part of the park's particularly peaceful ambiance and create something truly special that takes full advantage of a generous 515m2 site (approx) where a cleverly-designed new residence or townhouses can be expertly oriented to maximise light and capture stunning park views. This enticing landholding offers a genuine once in a generation chance to realise its extraordinary potential and craft a lasting legacy on the park close to cafes and shops including an ALDI, schools and public transport, as well as Northland Shopping Centre, LaTrobe University and the Austin Hospital.
Property Details
- Property Type
- land
- Listing Type
- Sold
- Bedrooms
- 1
- Bathrooms
- 1
- Land Area
- 515 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Heidelberg West
This 1-bedroom land in Heidelberg West, VIC 3081 sits within reach of public transport, local shops local amenities. It is listed 17% below the $800,000 median of 72 comparable landswithin 5 km.
What's nearby
- Oriel Road/Southern Road (bus) — 256 m away
- Unnamed — 577 m away
- Malahang Reserve — 162 m away
- Shelley Reserve — 436 m away
- The Olympic Village Green — 541 m away
Heidelberg West at a glance
Full suburb profile- Population
- 5,252
- Median age
- 35
- Household income
- $1,257/wk
- Median rent
- $306/wk
- Median mortgage
- $1,900/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Heidelberg West price trend
Median sold · House 3 bed
Compound growth -0.4% / yr over 4 yrs
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