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