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Conclusion

Our recommendation is to invest in The Grove, 2-4 Cummins Grove Malvern for the following reasons.

• Luxury Townhouses are a strong asset class and are well received by banks, financiers and investors. Presently there is
a strong demand in the blue chip Eastern suburbs of Melbourne.

• Acquisition of the property has occurred at the right price and has already experienced 12 months market growth of
11.8% leaving little risk for the investor.
• Plans and submission to council have been submitted and council supports the demolition of the existing heritage
dwelling, leaving little risk for the proposed development not to be approved.
• Bawden Luxury Residences creative director, Kimberley-jade Bawden has overseen the design and creation of THE
GROVE. At her time as Director of Interiors at Rob Mill’s Architecture KJ has overseen some of Melbourne’s most
affluential luxury developments including Millswyn & Millswyn Mansion, The Park Residence East Melbourne, The
Wallace Toorak.

If you have any queries regarding the investment back please feel free to contact us at anytime.

kind regards,

James Bawden
james@kjbd.com.au
m +61 411 686 550

57 Station St, Malvern
Melbourne Vic AUS 3144
p +61 (03) 9021 8993

THE GROVE MALVERN INVESTMENT PACK