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1428 Malvern Rd
Glen Iris VIC 3146
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Sold on 25 Aug 2023

1428 Malvern Rd Glen Iris VIC 3146

  • Shop & Retail
  • 181 m²
  • Sold, $1,190,000

Flexible Freehold Investment to Occupy, Value-add or Redevelop (STCA)

  • Offered with Vacant Possession (VP)
  • Significant Land Area of 242sqm*
  • Dual Access with Two Car Parks On-Title

The Cushman & Wakefield Melbco Strip Retail team are delighted to exclusively present For Sale - 1428 Malvern Road, Glen Iris, offered for the first time in over 40* years.

The property is underpinned by a generous 242sqm* of land offering dual access and 6.1m* frontage to the high-exposure retail strip of Malvern Road with the added convenience of two (2) on-title car parks. Benefiting from favourable Commercial 1 Zoning (C1Z), this prominent location, in the heart of the coveted, City of Stonnington presents multiple opportunities.

Whether you envision owner-occupancy, strategic repositioning, or redevelopment (STCA), 1428 Malvern Road, Glen Iris holds immense potential to thrive in one of Victoria's most affluent and sought-after municipalities.

A generational opportunity for owner-occupation, strategic land Bank, value-add, reposition, or redevelopment (STCA).
Positioned in the heart of Glen Iris surrounded by superb amenity including transport, education, lifestyle, & services, sports & recreation, hospitality, supermarkets, parks & medical.
Median House Price currently $2,455,000*
Close proximity to super prime Stonnington suburbs including Malvern, Armadale, Toorak & South Yarra & premium retail strips at Glenferrie Road, High Street & Toorak Road.
Catch Route 72 trams to Arts Centre, National Gallery of Victoria, Shrine of Remembrance, Alfred Hospital, Prahran Market & Chapel Street restaurants & shopping.
Highly accessible property with access to and from Melbourne's vibrant CBD via Monash Freeway, Glen Iris & Tooronga Train Stations (Glen Waverley Railway Line).
Ideal for retail, hospitality, or office activation in one of Melbourne's most affluent suburbs.
Your future legacy in this premium City Fringe location.

For Sale via On-Site Public Auction on Friday the 25th of August 2023 at 12.30 pm.

On-site private inspections by appointment only.

*approx

Contact the Melbco Strip Retail team today:

Karim Ford +61 492 478 830
George Davies +61 421 799 489
Eva Ni +61 425 232 942

Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold25 Aug 2023
Sold Price$1,190,000
Floor Area181 m²
Land Area242 m²
ParkingOn site parking available
Property ID2018656015
Category
Last updated  25 Oct 2023
Map for 1428 Malvern Rd Glen Iris VIC 3146
Cushman & Wakefield Melbourne
Cushman & Wakefield Melbourne
Level 9, 385 Bourke Street
Melbourne, VIC 3000

Property Highlights

Date Sold25 Aug 2023
Sold Price$1,190,000
Floor Area181 m²
Land Area242 m²
ParkingOn site parking available
Property ID2018656015
Category
Last updated  25 Oct 2023

Co-Agents

Karim  Ford
Karim Ford
Cushman & Wakefield Melbourne
Call
+61492478830
George  Davies
George Davies
Cushman & Wakefield Melbourne
Call
+61421799489
Eva Ni 倪梦佳
Cushman & Wakefield Melbourne
Call
+61 425 232 942

More about 1428 Malvern Rd Glen Iris VIC 3146

1428 Malvern Rd Glen Iris VIC 3146 is categorized as Shop & Retail Property. It has a floor area of 181 m² and a land area of 242 m². The listing ID for this property is 2018656015.

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