169 Glenferrie Road,
Malvern, VIC 3144
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
169 Glenferrie Road
Malvern, VIC 3144
Map of 169 Glenferrie Road
KEEP YOUR EYES ON THE PRIZE
- Securely Leased to Blue Chip Tenant
- Building Area: 262sqm*
- Potential dual income stream
** SOLD **
Gross Waddell ICR is pleased to offer 169 Glenferrie Road, Malvern for sale. Located in a prime corner position opposite Coles Supermarket & ANZ and Westpac Banks it also offers immediate access to Dan Murphy’s and Malvern Central just 300m* south.
This two-storey period retail property is situated in the epicentre of a vibrant Malvern shopping precinct. Between the exclusive offerings of High Street Armadale and the wide and varied offerings of Glenferrie Road Malvern, the area is literally a shopping mecca for locals and visitors alike.
Property highlights:
• Building Area: 262sqm*
• Blue chip ground floor tenant - Specsavers
• Long Lease: Five (5) year lease plus one option of five (5) years
• Ground floor rent (as at 1/9/24): $107,952.00 p.a. net*
• Total net income $144K p.a.* plus GST including a 12 month rental guarantee for level 1
• On-site parking
The property is for Private Sale. For further information, please contact Gross Waddell ICR directly.
*approx.
Gross Waddell ICR is pleased to offer 169 Glenferrie Road, Malvern for sale. Located in a prime corner position opposite Coles Supermarket & ANZ and Westpac Banks it also offers immediate access to Dan Murphy’s and Malvern Central just 300m* south.
This two-storey period retail property is situated in the epicentre of a vibrant Malvern shopping precinct. Between the exclusive offerings of High Street Armadale and the wide and varied offerings of Glenferrie Road Malvern, the area is literally a shopping mecca for locals and visitors alike.
Property highlights:
• Building Area: 262sqm*
• Blue chip ground floor tenant - Specsavers
• Long Lease: Five (5) year lease plus one option of five (5) years
• Ground floor rent (as at 1/9/24): $107,952.00 p.a. net*
• Total net income $144K p.a.* plus GST including a 12 month rental guarantee for level 1
• On-site parking
The property is for Private Sale. For further information, 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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