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3 Caesar Street, Mulgrave, Vic 3170 Sold
3 Caesar Street, Mulgrave, Vic 3170 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image 3 Caesar Street, Mulgrave, Vic 3170-Image

3 Caesar Street, Mulgrave, Vic 3170

Private Sale: $1,000,000 - $1,100,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
645 m²
Area

Last updated on Wednesday, September 23, 2026 ( See property details for 3 Caesar Street, Mulgrave, Vic 3170)

Private Sale: $1,000,000 - $1,100,000

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

A versatile corner block in Mulgrave offering immediate income, approved development plans, and excellent future growth prospects.

🏡 Property Highlights

  • Exceptional corner block with development potential
  • Approved plans and permits for two large family residences
  • Currently tenanted with immediate rental income
  • Prime location close to schools, shopping, and transport
  • Flexible land for development or landbanking
  • Large 645 m² parcel in a sought-after suburb

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Balcony
  • Ensuite
  • Pet-Friendly

Mulgrave is a highly desirable Melbourne suburb known for its excellent schools, shopping centres, and parklands. It offers convenient access to public transport and major roads, making it ideal for families and investors alike. The area boasts a strong growth trajectory, with ongoing development and infrastructure improvements. Its vibrant community and proximity to Melbourne’s CBD make Mulgrave a sought-after location for both living and investment. The suburb combines established amenities with future growth potential, ensuring a rewarding lifestyle and strong capital appreciation.

What is the current condition of the existing residence?
The existing residence is well-maintained, comprising three bedrooms and one bathroom, and is currently tenanted, providing immediate rental income.
What are the details of the approved development plans?
The approved plans include two large family-sized residences: Unit 1 with 4 bedrooms, 2 bathrooms, and a double garage; and Unit 2 with 4 bedrooms, 2 bathrooms, and a secure double garage.
How accessible is the property to local amenities?
The property is conveniently located near quality schools, shopping centres, parklands, public transport, and major arterial roads, ensuring a highly accessible and connected lifestyle.
Is there potential for future development or landbanking?
Yes, the corner block position and approved plans make this property ideal for immediate development, landbanking, or future investment growth.
What is the rental income potential of the property?
The property is currently tenanted, providing an immediate income stream while you plan for future development or upgrades.
Are there any additional costs or fees associated with the approved plans and permits? Have all necessary council approvals and compliance requirements been fully satisfied? Are there any zoning restrictions or easements affecting the property? What are the potential costs for future development or construction? Is there any history of flooding, bushfire risk, or other environmental hazards on the site? Are there any upcoming planning or construction projects nearby that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any existing defects or issues with the current residence? Is the property located in a flood or bushfire-prone area? What are the terms of the current tenancy agreement, and are there any restrictions on future use?

3 Caesar Street, Mulgrave, Vic 3170 - More Details

Private Sale: $1,000,000 - $1,100,000

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.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
645 m²

Price guide

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Map & nearby places — 3 Caesar Street, Mulgrave, Vic 3170

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