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115 Albany Drive, Mulgrave, Vic 3170-Image

115 Albany Drive, Mulgrave, Vic 3170

$1,005,000

House

Type

Bedrooms

Bathrooms

Parkings

654 m²

Area

Last updated on Saturday, June 13, 2026 ( See property details for 115 Albany Drive, Mulgrave, Vic 3170)

$1,005,000

View the agent price guide.

Audwin Wibrata - Real Estate Agent - WIN Real Estate (AUS) - Mulgrave

Audwin Wibrata Director

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Wendy Liu - Real Estate Agent - WIN Real Estate (AUS) - Mulgrave

Wendy Liu Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and well-located 3-bedroom family home on a substantial 654sqm block, offering immediate income and exciting future development potential in Mulgrave.

🏡 Property Highlights

Premium 654sqm flat rectangular allotment with 20m wide frontage
Versatile development options including renovation, townhouse development, or rebuild (STCA)
Currently leased to a long-term tenant providing immediate income
Generously sized 3-bedroom residence with updated kitchen and gas cooking
Excellent location within walking distance to schools and public transport
Easy access to major freeways, including Monash Freeway and EastLink

✨ Key Features

Built-in Robes
Dishwasher
Open-Plan Living
Waterfront / Views
Outdoor Area
Secure Parking
Home Office / Study
Ceiling Fans
Heating
External Laundry

Suburb and Property Insights of Mulgrave, VIC 3170

Mulgrave is a highly sought-after suburb renowned for its family-friendly environment, excellent schools, and convenient access to major transport links. The area offers a mix of established homes and development opportunities, making it ideal for both investors and families. Residents enjoy proximity to shopping centres, parks, and recreational facilities, ensuring a vibrant community lifestyle. With its flat terrain and generous land parcels, Mulgrave continues to attract those seeking versatile living and investment options.

Frequently Asked Questions

What are the future development possibilities for this property?

The property offers potential for renovation, side-by-side townhouse development, or a complete rebuild (STCA), thanks to its large, flat, rectangular land parcel with a wide frontage.

Is the property currently generating income?

Yes, the property is leased to a long-term tenant, providing immediate holding income while planning or development is considered.

What are the nearby amenities and transport options?

The property is within walking distance to Albany Rise Primary School and Wellington Secondary College, with a bus stop at the doorstep, and is a short drive to Waverley Gardens Shopping Centre, with easy access to Monash Freeway and EastLink.

What condition is the existing house in?

The house features three generously sized bedrooms, an updated kitchen with gas cooking, and a central bathroom, with ducted heating throughout for comfort.

Are there any restrictions or permits required for development?

Development options are subject to council approval and STCA (Subject To Council Approval). It is advisable to consult with local authorities for specific planning requirements.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? What are the potential costs for council approvals and permits for development? Are there any known issues with the property's structure or land stability? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could impact the property?

115 Albany Drive, Mulgrave, Vic 3170 - More Details

$1,005,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 654 m²

Price guide

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115 Albany Drive, Mulgrave, Vic 3170 - Point Of Interest

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Email Enquiry To WIN Real Estate (AUS) - Mulgrave

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115 Albany Drive, Mulgrave, Vic 3170

$1,005,000

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