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21 Glenferrie Road Malvern, VIC 3144

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21 Glenferrie Road,
Malvern, VIC 3144

Shops & Retail • Offices • Other

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Map of 21 Glenferrie Road

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DO YOU TAKE THIS BUILDING… I DO!

  • Building Area: 138m2
  • Land Area: 151m2
  • Returning $33,262 pa
GormanKelly is pleased to offer 21 Glenferrie Road, Malvern for private sale.

This is a rare opportunity: providing a short term investment for an owner occupier or investor with an upside of development potential!

21 Glenferrie Road comprises of a two-storey two level retail premises with high ceilings and plenty of natural light. The ground floor comprises main retail space, rear storage room and kitchen.

The first floor comprises of 3 separate rooms which could be converted to an apartment.

We believe the most outstanding aspects of this property include:

- Two-storey retail premises of 138sqm with 2 on-site car spaces via rear laneway;
- Currently returning $33,262.20 net p.a. plus outgoings;
- Leased to Ania G Couture with lease expiry May 2016
- Suitable for Investors or Owner Occupiers with future potential to develop (STCA);
- Land area 151m² / Zoned Commercial 1;
- Close to Malvern Central Shopping Centre, anchored by Woolworths & David Jones and home to names such as BWS, Bed Bath N’ Table, Adairs, kiki k and all the major banks
- In close proximity to a number of medical facilities including Cabrini Hospital, Cabrini Children’s Centre & Womens Ultrasound Malvern.

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 9810 72...
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21 Glenferrie Road
Malvern, VIC 3144
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122

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