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1437-1443 Malvern Road
Glen Iris VIC 3146
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Sold on 26 Jun 2024

1437-1443 Malvern Road Glen Iris VIC 3146

  • Shop & Retail
  • 574 m²
  • Sold

A Commanding Stonnington Corner with Income & Potential

  • 100% Leased to 4 Established Tenants
  • 34 m* Corner Frontage
  • 4 Separate Titles

Stonebridge Property Group is pleased to present for sale 1437-1443 Malvern Road, Glen Iris.

The key highlights of the opportunity include:

- The significant corner, positioned in the central junction of Glen Iris's retail village, is offered 100% leased to 4 established tenants

- Spanning 574sqm* the refurbished building comprises 3 prime retail spaces & a separately accessed level 1 medical/retail space

- The property has been strategically subdivided into 4 titles, allowing the value add possibility of selling each space separately over time

- Strong property fundamentals with 334 sqm* of underlying land and Commercial 1 zoning

- The building enjoys 34 m* of combined corner frontage providing valuable tenant exposure to 31,000* passing cars daily along both Malvern and Tooronga Road

- Located in the suburb of Glen Iris (median house price of $2.47 million) which forms part of the City of Stonnington one of Australia's most affluent municipalities

- Hyper connected location with direct access to the Route 72 tram and proximity to both Tooronga (400 m*) and Gardiner (850 m*) Train Stations

- The Malvern Road retail precinct is home to a diverse mix of retailers and high performing hospitality tenants including The Malvern Hotel, Top Paddock and Teo's Pizza Bar ensuring a consistent trading environment

1437-1443 Malvern Road, Glen Iris is offered for sale via Public On-site Auction on Wednesday 26th June 2024 at 1:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Chao Zhang
0411 625 068

* Approximately

Property Code: 972

AUCTION

Auction date and time26/06/2024 13:30
Auction locationSee description
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold26 Jun 2024
Floor Area574 m²
Land Area334 m²
ParkingAsk Agent
Property ID2019265833
Category
Last updated  26 Jun 2024
Map for 1437-1443 Malvern Road Glen Iris VIC 3146
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold26 Jun 2024
Floor Area574 m²
Land Area334 m²
ParkingAsk Agent
Property ID2019265833
Category
Last updated  26 Jun 2024

Co-Agents

Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

More about 1437-1443 Malvern Road Glen Iris VIC 3146

1437-1443 Malvern Road Glen Iris VIC 3146 is categorized as Shop & Retail Property. It has a floor area of 574 m² and a land area of 334 m². The listing ID for this property is 2019265833.

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