1343-1349 Malvern Road,
Malvern, VIC 3144
Offices • Development Sites & Land • Shops & Retail
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
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GormanKelly - Hawthorn
1 Oxley RoadHAWTHORN, VIC 3122
1343-1349 Malvern Road
Malvern, VIC 3144
Map of 1343-1349 Malvern Road
CORNER THE MARKET - OFFICE WITH SIGNIFICANT DEVELOPMENT POTENTIAL
- High Exposure Corner Site of 892sqm
- 61m* Frontage plus Rear Laneway
- Estimated Fully Let Income $352,400*
GormanKelly are pleased to offer 1343-1349 Malvern Road, Malvern for sale by Expressions of Interest closing Wednesday 22nd May at 2pm.
We believe the most outstanding aspects of this property include:
- Two level standalone office of 829sqm* with 20 rear onsite car-spaces
- High exposure corner site of 892sqm* / Zoned Commercial 1
- Combined frontage of 61m* to Malvern Road and Meredith Street and rear access via a laneway
- Currently returning $261,596* gross per annum plus GST
- Estimated Fully Let Income $352,400* gross per annum plus GST
- Occupy, refurbish or redevelop (STCA)
- Highly sought after and desirable location in-between Glenferrie Road and Tooronga Road, only 1.3km* from High Street, Armadale and the Glenferrie Road, Malvern retail strip.
- Well connected by public transport: 600m* from Tooronga Train Station, the #72 tram on Malvern Road, and the #624 bus service along Tooronga Road.
- Easy access to the Monash / CityLink and major arterials including Tooronga Road, Burke Road, Wattletree Road, Toorak Road and High Street.
We believe the most outstanding aspects of this property include:
- Two level standalone office of 829sqm* with 20 rear onsite car-spaces
- High exposure corner site of 892sqm* / Zoned Commercial 1
- Combined frontage of 61m* to Malvern Road and Meredith Street and rear access via a laneway
- Currently returning $261,596* gross per annum plus GST
- Estimated Fully Let Income $352,400* gross per annum plus GST
- Occupy, refurbish or redevelop (STCA)
- Highly sought after and desirable location in-between Glenferrie Road and Tooronga Road, only 1.3km* from High Street, Armadale and the Glenferrie Road, Malvern retail strip.
- Well connected by public transport: 600m* from Tooronga Train Station, the #72 tram on Malvern Road, and the #624 bus service along Tooronga Road.
- Easy access to the Monash / CityLink and major arterials including Tooronga Road, Burke Road, Wattletree Road, Toorak Road and High Street.
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
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
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