Kokoda Property Group completes its largest Victorian project to date

An exciting milestone has been achieved by Kokoda Property Group, with the completion of Malvern Collective, its $450M+ mixed-use precinct and its largest Victorian project to date. 

Located at the junction of Glenferrie and Dandenong Roads, the Malvern Collective precinct offers a vibrant lifestyle destination, creating one of the area’s most significant developments that has been expertly tailored to meet the evolving demographics of Malvern and its neighbouring suburbs. 

With architecture by Jackson Clements Burrows and interiors by Carr, Malvern Collective features two architecturally striking towers home to 205 apartments, including the exclusive Penthouse Collection. The ground level will introduce a vibrant retail, dining, and lifestyle precinct, including a boutique grocer, barber, cellar door, jeweller, cafe, and fitness studio, with new laneways linking directly to Glenferrie Road, providing direct access to Malvern Station.

The heart of the precinct, The Angel of Malvern, which first opened in 1856 as The Gardiner, returns in early 2026 as a reimagined three-level hospitality venue complete with a relaxed public bar, courtyard beer garden, first floor dining experience and cocktail lounge above. The Angel of Malvern will be the neighbourhood’s new place to meet, eat, sip and celebrate.

Residents will enjoy a range of luxurious hotel-style amenities, including a 7 day New-York style concierge service, multiple well-appointed resident lounges, a wellness centre with hot and cold plunge, a steam room, gym, outdoor swimming pools, an outdoor terrace with a firepit and BBQ kitchen, as well as a boutique private cinema.

Limited residences remain with settlements already underway. Two distinct buyer groups have emerged, including local downsizers who are drawn to the spacious three and four bedroom residences and zero-minute lifestyle on offer, and young professionals. 

Kokoda Property Group’s Founder and Managing Director, Mark Stevens, says the Melbourne market is returning and is on the cusp of transformation.

“We’ve spent the past few years building momentum in Queensland, but this project represents a major commitment to Melbourne. 

"The fundamentals that make this city so liveable are strengthening again, and Malvern Collective stands as both a response to and a reflection of that renewed confidence.

“To deliver a precinct of this scale, complexity, and quality in full, particularly through a challenging cycle, is a testament to our team’s long-term vision for city-shaping projects,” he said. 

One resident who has already moved into Malvern Collective shared how the precinct has elevated their day-to-day living.

“Life at Malvern Collective feels effortless. Thoughtful design, a welcoming atmosphere, and everything I need is right at my front door. It’s connected to the best of Malvern, yet still feels like a private retreat to come home to”, said the buyer.

Earlier this year, Kokoda Property Group purchased a new site on Burnley Street, Richmond, to deliver its first commercial project, and has also acquired a nearby Bridge Road site to deliver a mid-rise residential building with wellness amenities and activated ground-floor retail and dining. 

Meanwhile, in Queensland, its landmark Teneriffe Banks development achieved $285M in sales on launch day in late 2025. 

The group’s current portfolio includes $2.5B worth of projects across Melbourne and Brisbane. 

The final release of residences within Malvern Collective is now available, priced from $849k.

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