181 & 181a Glenferrie Road,
Malvern, VIC 3144
Shops & Retail
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
04095476...
181 & 181a Glenferrie Road
Malvern, VIC 3144
Map
POSITION PERFECT - IN THE HEART OF THE GLENFERRIE ROAD RETAIL STRIP
** AUCTION: FRIDAY 29TH NOVEMBER 2019 AT 12PM ONSITE **
First time offered in 59 years, this double storey freehold strategically located in one of Melbourne’s most sought after and tightly held precincts offers recently renovated ground floor retail and modern first floor office with separate front entry.
Surrounded by multi-national tenants and well-known brands including Coles, Westpac, ANZ, Commonwealth Bank, Specsavers, Yo-Chi and Chemist Warehouse as well as Malvern Central, cafes, transport and more.
Leased to Save the Children on a new 3 year term + options and Multiply Wealth Management on a 3 year term (com. Aug-18), the property represents an outstanding investment opportunity, featuring:
• Total Rental: $86,237* p.a.net
• Land area: 192m2*
• Total Building area: 202m2*
• Secure car park and access via rear R.O.W
*Approx.
First time offered in 59 years, this double storey freehold strategically located in one of Melbourne’s most sought after and tightly held precincts offers recently renovated ground floor retail and modern first floor office with separate front entry.
Surrounded by multi-national tenants and well-known brands including Coles, Westpac, ANZ, Commonwealth Bank, Specsavers, Yo-Chi and Chemist Warehouse as well as Malvern Central, cafes, transport and more.
Leased to Save the Children on a new 3 year term + options and Multiply Wealth Management on a 3 year term (com. Aug-18), the property represents an outstanding investment opportunity, featuring:
• Total Rental: $86,237* p.a.net
• Land area: 192m2*
• Total Building area: 202m2*
• Secure car park and access via rear R.O.W
*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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