As house prices have surged in recent years, buying property in Melbourne has become increasingly challenging, meaning aspiring home buyers would be forgiven for thinking that purchasing in an established, heritage suburb like Malvern is simply unrealistic.
Located in the inner south-east just 8km from the CBD, where the median house price currently sits well above Melbourne’s average at $2,160,000*, Malvern is considered beyond the realm of possibility for most, reserved for lottery winners and vision boards. However, the dream of a life in Malvern can absolutely still be a reality.
Multi-residential living is presenting buyers the chance to access some of Melbourne’s most coveted suburbs, such as Kokoda Property’s newest development, Malvern Collective, where prices start from just $415,000.
Malvern Collective is conveniently situated on the corner of Glenferrie and Dandenong Road, just 20-minutes’ drive into the city, a 15-minute drive to St Kilda beach and only 10 minutes down the road to Australia’s largest shopping centre, Chadstone.
As part of the development precinct, the transport hub of Malvern, Station Place, is set to be reinvigorated. A bluestone laneway boasting a mix of shops, cafes and services will make the 12-minute daily commute to the CBD even more efficient.
A number of top performing schools in the local area makes Malvern Collective a fantastic option for families, with larger apartments available to cater for dynamic family life.
Each spacious apartment features state-of-the-art Miele kitchen appliances, oak timber flooring and stone bench tops. Purchasers can select from a light or dark colour scheme, ensuring each home perfectly suits its occupier’s tastes.
A 7-day concierge accepting everything from online shopping hauls to groceries adds to the convenient lifestyle intended for Malvern Collective residents. Additional amenities include a 16-seat private cinema and dining room, a lap pool with unmatched city and bay views, as well as an outdoor terrace and BBQ area, perfect for entertaining friends and family all year round.
The Malvern Collective development will also include a full restoration of the iconic Angel Tavern led by Techne Architects, the team behind the iconic Hotel Esplanade (The Espy) in St Kilda, providing residents direct access to what will become a new social hub in the suburb.
From just $415,000, life at Malvern Collective is the ultimate in apartment living, giving unprecedented access to one of Melbourne’s most desirable and tightly held suburbs.
Click here to find out how you can call Malvern Collective home.