Radfords House, 1-3 Station Street,
Malvern, VIC 3144
Shops & Retail • Offices
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Radfords House, 1-3 Station Street
Malvern, VIC 3144
Map of Radfords House, 1-3 Station Street
TIMELESS FREEHOLD BUILDING FOR THE MOST ASTUTE OF COMMERCIAL PROPERTY INVESTORS
- Long Term 7 Year Net Lease
- Opposite Malvern Train Station
- Strong Tenant + Fixed Annual Increases
SOLD UNDER HAMMER
The freehold property is positioned in simply what is regarded as one of Melbourne’s finest suburbs, benefiting from immediate proximity to valuable public transport, retail and healthcare amenity, 1- 3 Station Street is being offered for sale with a long term 7 year lease commitment from Connors Sports Management.
Key details are summarised as follows:
+ A timeless and striking period style two level internally refurbished freehold building, boasting excellent investment fundamentals being directly opposite Malvern Station, having Commercial 1 Zoning and providing extensive street frontage to Station Street and convenient rear lane access
+ 7 year net lease to Connors Sports Management, a sports management business in operation for over 25 years, specialising in providing expert advice to AFL players with an extensive client list boasting a selection of the game’s leading players and coaches
+ Given the direct link to Australian Rules Football Industry– the country’s leading sporting code – the tenant is due to benefit from the surging growth of the national sporting competition as the game continues to increase in popularity and value relating to traditional and emerging (streaming) media rights
+ Close to the ever popular Malvern Central Shopping Centre, iconic Glenferrie Road and the under construction Malvern Collective residential apartment development, due to inject 265 apartments and 500 + residents in immediate walking distance*
+ Annual income of $85,000 + GST with annual increases providing guaranteed income and growth
Contact CBRE for more information about this opportunity:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
Transaction Advisor:
Advise Transact
*Denotes Approx.
The freehold property is positioned in simply what is regarded as one of Melbourne’s finest suburbs, benefiting from immediate proximity to valuable public transport, retail and healthcare amenity, 1- 3 Station Street is being offered for sale with a long term 7 year lease commitment from Connors Sports Management.
Key details are summarised as follows:
+ A timeless and striking period style two level internally refurbished freehold building, boasting excellent investment fundamentals being directly opposite Malvern Station, having Commercial 1 Zoning and providing extensive street frontage to Station Street and convenient rear lane access
+ 7 year net lease to Connors Sports Management, a sports management business in operation for over 25 years, specialising in providing expert advice to AFL players with an extensive client list boasting a selection of the game’s leading players and coaches
+ Given the direct link to Australian Rules Football Industry– the country’s leading sporting code – the tenant is due to benefit from the surging growth of the national sporting competition as the game continues to increase in popularity and value relating to traditional and emerging (streaming) media rights
+ Close to the ever popular Malvern Central Shopping Centre, iconic Glenferrie Road and the under construction Malvern Collective residential apartment development, due to inject 265 apartments and 500 + residents in immediate walking distance*
+ Annual income of $85,000 + GST with annual increases providing guaranteed income and growth
Contact CBRE for more information about this opportunity:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
Transaction Advisor:
Advise Transact
*Denotes 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
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Cosmetic Avenue, Shop 1/1312 Malvern Road,Malvern, VIC 3144 140 m²Medical & Consulting • Shops & Retail