3 Caesar Street
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About this property
Positioned in a highly sought-after pocket of Mulgrave, this exceptional corner block presents an outstanding opportunity for investors, developers, and future-focused buyers alike. Whether you're looking to develop immediately, invest for the future, or landbank in a tightly held location, the possibilities on offer are both exciting and rewarding. The existing residence comprises three well-proportioned bedrooms and one bathroom and is currently tenanted, providing an immediate rental income stream while you finalise your future plans. The corner block position further enhances the property's appeal, offering flexibility and excellent accessibility for future development opportunities. Adding significant value, the property comes with approved plans and permits for two substantial family-sized residences: - Unit 1: Approx. 29 squares - 4 bedrooms, 2 bathrooms, double garage - Unit 2: Approx. 31 squares - 4 bedrooms, 2 bathrooms, secure double garage Located within easy reach of quality schools, local shopping centres, parklands, public transport, and major arterial roads, this address delivers the convenience and lifestyle that continue to make Mulgrave a highly desirable suburb. Combining an established tenancy, approved plans and permits, and a premium corner allotment, this is a rare opportunity to secure a property with immediate income and significant development upside in one of Melbourne's most sought-after growth corridors.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 645 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Mulgrave
This 3-bedroom house in Mulgrave, VIC 3170 sits within reach of public transport, local shops and nearby schools. It is listed 16% above the $903,000 median of 56 comparable houseswithin 5 km.
Schools near Mulgrave
- Albany Rise Primary Schoolprimary · Prep-6 · CoEd
- Mulgrave Primary Schoolprimary · Prep-6 · CoEd
- St John Vianney's Schoolprimary · Prep-6 · CoEd
- Mazenod Collegesecondary · 7-12 · Boys
- Wellington Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 528 m away
- Milk Bar — 694 m away
- Unnamed — 1.1 km away
- Unnamed — 1.1 km away
- Unnamed — 1.3 km away
Mulgrave at a glance
Full suburb profile- Population
- 19,889
- Median age
- 40
- Household income
- $1,913/wk
- Median rent
- $430/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mulgrave price trend
Median sold · House 3 bed
Compound growth +1.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Mulgrave marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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