123 Glenferrie Road,
Malvern, VIC 3144
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
123 Glenferrie Road
Malvern, VIC 3144
Map of 123 Glenferrie Road
PREMIUM MALVERN RETAIL OPPORTUNITY
- New lease
- ‘Blue chip’ location
- Neighbouring Malvern Central
** SOLD **
Gross Waddell ICR is pleased to offer to the market this well-positioned retail freehold situated within one of Melbourne’s ‘blue chip’ retail shopping strips.
Key features include:
• New 3 year lease to Malvern Travel and Cruise
• Rental: $50,000* p.a. plus GST
• Lease term: 3 + 3 + 3 years
• Annual 3% fixed increases, market review at option(s)
• Land area: 162sqm*
• Two level building of 114sqm*
• Onsite car parking
• Benefits from R.O.W. at the rear and direct access to Council carparking
• 200m* from Malvern Central (Woolworths & David Jones) and diagonally opposite Coles and Dan Murphy’s
• Surrounded by a plethora of cafes, restaurants, banks, homewares and lifestyle retailers including Optus, Chemist Warehouse, Glick’s Bakery, Specsavers and Yo-Chi
The property is to be offered for sale via onsite Public Auction on Wednesday 13th September at 12:30pm.
For further details please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased to offer to the market this well-positioned retail freehold situated within one of Melbourne’s ‘blue chip’ retail shopping strips.
Key features include:
• New 3 year lease to Malvern Travel and Cruise
• Rental: $50,000* p.a. plus GST
• Lease term: 3 + 3 + 3 years
• Annual 3% fixed increases, market review at option(s)
• Land area: 162sqm*
• Two level building of 114sqm*
• Onsite car parking
• Benefits from R.O.W. at the rear and direct access to Council carparking
• 200m* from Malvern Central (Woolworths & David Jones) and diagonally opposite Coles and Dan Murphy’s
• Surrounded by a plethora of cafes, restaurants, banks, homewares and lifestyle retailers including Optus, Chemist Warehouse, Glick’s Bakery, Specsavers and Yo-Chi
The property is to be offered for sale via onsite Public Auction on Wednesday 13th September at 12:30pm.
For further details please contact Gross Waddell ICR directly.
*Approx.
Malvern, 3144 demographic data
The median household income for Malvern is $2,606, 37% higher than Greater Melbourne's household income of $1,901. Malvern has an older age profile compared to the rest of Greater Melbourne (median age 44 vs 37). Property ownership data shows 39% of property owners in Malvern have a mortgage.
9,929
Population
$2,606 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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