163 Wanda Street, Mulgrave, Vic 3170

AUCTION THIS SAT, 3 PM

House
Type
4
Bedrooms
1
Bathrooms
4
Parkings
851 m²
Area

Last updated on Friday, May 15, 2026 ( See property details for 163 Wanda Street, Mulgrave, Vic 3170)

AUCTION THIS SAT, 3 PM

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A versatile property on a substantial corner allotment offering redevelopment, commercial potential, and comfortable living in a prime Mulgrave location.

🏡 Property Highlights

  • Highly lucrative 851sqm corner allotment with redevelopment potential
  • Previously approved for three townhouses, now with scope for up to four (STCA)
  • Potential for commercial conversion including medical, retail, or hospitality (STCA)
  • Well-maintained existing residence with flexible leasing options
  • Prime location near schools, parks, and major transport links
  • Ample parking, storage options, and a workshop for practicality

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Home Office / Study

Mulgrave is a thriving suburb renowned for its excellent schools, abundant parks, and strong transport links. It offers a balanced lifestyle with convenient access to shopping centres, recreational facilities, and major highways. The area is highly sought after for its growth potential and family-friendly environment, making it an ideal location for both investors and homeowners. With ongoing development and commercial opportunities, Mulgrave continues to attract a diverse and vibrant community.

What are the redevelopment options for this property?
The property has potential for higher-density redevelopment of up to four townhouses (STCA), based on recent planning changes and previous approvals.
Can the property be converted for commercial use?
Yes, the prominent corner position and surrounding commercial activity provide strong precedent for potential commercial conversion, including medical, retail, or hospitality uses (STCA).
What is the condition of the existing residence?
The existing home is in comfortable condition, offering flexibility to retain and lease while exploring redevelopment or commercial options.
What amenities are nearby?
The property is within walking distance to local schools such as St John Vianney’s Primary School, Wellington Secondary College, and Albany Rise Primary School, as well as parks, shopping options, and major transport links including Princes Highway, Monash Freeway, and EastLink.
Is there scope for future investment growth?
Yes, the property's size, location, and redevelopment potential present significant upside for future investment and development opportunities.
Are there any existing planning restrictions or zoning easements that could affect redevelopment or commercial conversion? Have all necessary permits and approvals been obtained for the previous townhouse development plans? Are there any known issues with the property's structure, drainage, or boundary encumbrances? What are the potential costs associated with rezoning or obtaining development approvals? Is there any nearby construction or planning activity that could impact the property’s value or livability? Are there any flood or bushfire risks associated with the property or its location? Does the property have any strata or body corporate considerations if subdivided or developed? Are there any easements or covenants that could limit redevelopment or commercial use? What are the ongoing maintenance costs for the existing residence and infrastructure? Are there any restrictions on commercial signage or business operations in the area?

163 Wanda Street, Mulgrave, Vic 3170 - More Details

AUCTION THIS SAT, 3 PM

Type
House
Bedrooms
4
Bathrooms
1
Parkings
4
Area
851 m²

Price guide

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