1368-1372 Malvern Rd,
Malvern, VIC 3144
Showrooms & Large Format Retail • Shops & Retail • Development Sites & Land
Key property information
Land area
Floor area
Zoning
Tenure type
Map of 1368-1372 Malvern Rd
INVEST IN THE BEST - Premium Investment Opportunity in Malvern
Crabtrees Real Estate is pleased to offer for sale this highly desirable supermarket investment leased to IGA in a premier suburb.
The property is situated along a major road in one of Melbourne’s most exclusive suburbs, some 12 kilometres south east of the CBD. The site is only minutes from Chadstone Shopping Centre, the M1 Monash Freeway, Monash University and Holmesglen Tafe.
The property’s features include:
+ Secure lease to a long term established national tenant
+ Outstanding location in the premier Malvern retail precinct
+ Main road site with frontages of approximately 12m
+ Total land area of 483m² approx.
+ Rear laneway access
+ Commercial 1 Zoning (C1Z)
Tenancy Details:
+ Lease commenced: 14TH October 2013
+ Rent: $144,656p/a
+ Term: Seven (7) years
+ Further Term: Four further terms of five (5) years
+ Outgoings: Lessee responsible for all usual commercial outgoings
+ Reviews: CPI annually and to market at each option
The property is in a highly desirable location, positioned within the heart of blue chip residential suburbs including Malvern, Malvern East, Armadale and Toorak. The property is surrounded by quality boutiques and cafés with immediate access to numerous local schools.
The property is situated along a major road in one of Melbourne’s most exclusive suburbs, some 12 kilometres south east of the CBD. The site is only minutes from Chadstone Shopping Centre, the M1 Monash Freeway, Monash University and Holmesglen Tafe.
The property’s features include:
+ Secure lease to a long term established national tenant
+ Outstanding location in the premier Malvern retail precinct
+ Main road site with frontages of approximately 12m
+ Total land area of 483m² approx.
+ Rear laneway access
+ Commercial 1 Zoning (C1Z)
Tenancy Details:
+ Lease commenced: 14TH October 2013
+ Rent: $144,656p/a
+ Term: Seven (7) years
+ Further Term: Four further terms of five (5) years
+ Outgoings: Lessee responsible for all usual commercial outgoings
+ Reviews: CPI annually and to market at each option
The property is in a highly desirable location, positioned within the heart of blue chip residential suburbs including Malvern, Malvern East, Armadale and Toorak. The property is surrounded by quality boutiques and cafés with immediate access to numerous local schools.
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
03 9567 88...
1368-1372 Malvern Rd
Malvern, VIC 3144
Crabtrees Real Estate - Melbourne 1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
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