43 Mills Street, Glen Iris VIC 3146

Newly built French Classical on 613–641m² | 5 bed, 5 bath, 4 car | premium Glen Iris pocket | recent off-market redevelopment The property presents as a rare new-build luxury residence in a sought-after Glen Iris location, where land of this size with such a high-specification dwelling is uncommon. The five-bedroom, five-bathroom configuration with four car spaces positions it well for a discerning family seeking a turnkey home with no renovation required. The French Classical styling and high-end finishes, including 3m ceilings and chevron parquetry, suggest a builder or developer has targeted the premium owner-occupier market, which typically supports stronger resale values. For a buyer who values immediate occupancy in a blue-chip suburb, this property offers a competitive edge over older stock needing work. The primary risk lies in the discrepancy between the 613m² and 641m² land sizes, which may affect future subdivision potential or garden expectations. Given the recent off-market sale and redevelopment, the buyer should verify the final survey and ensure all permits and approvals are in order. The property’s positioning as a newly built luxury home in a suburb with a $2.6m median may limit its appeal to a narrower buyer pool, but for the right household, it offers a rare opportunity to secure a contemporary residence without the delays of construction.