1489 & 1491 Malvern Road,
Glen Iris, VIC 3146
Shops & Retail
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$208,400
Number of Tenants
2 Tenants
Tenants / Type
Tribe Home & Mr Foxx
Private inspections
to arrange a private inspection.
Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
1489 & 1491 Malvern Road
Glen Iris, VIC 3146
Map
Impressive Side By Side Investments – 1 Remaining!
- Brand New 6 Year Lease To Busy Cafe
- Returning $104,200 Per Annum
- 60 Metre* Corner Frontage
1489 Malvern Road – JUST SOLD
1491 Malvern Road - FOR SALE
• Brand new 6 x 6 year lease to successful, long established café tenant trading as “Mr Foxx”
• Returning $104,200 per annum plus GST
• Fixed annual rental increases
• Tenant pays all usual outgoings
• Commercial 1 zoned land holding of 224m2* with rear access
• Huge corner frontage of almost 60 metres to Malvern Road and Creswick Street
- Nestled within one of Australia’s most affluent municipalities (Stonnington), Glen Iris is immediately surrounded by the prestigious suburbs of Toorak, Malvern and Armadale, further enhancing the property’s appeal and strong underlying land value
• Walking distance to Tooronga and Gardiner train stations and tram services at doorstep
• Just 7km* from Melbourne’s CBD with convenient access to CityLink / Monash Freeway, via Tooronga Road entrance
This strategically located property will benefit from the recent influx of nearby residential developments, with more planned for the area which will further underpin the viability and growth in values of properties within Malvern Road’s commercial precinct.
For further information on 1491 Malvern Road, Glen Iris or to arrange an inspection, please contact Fitzroys selling agents Chris Kombi, Lewis Waddell or Ben Liu.
*approx.
1491 Malvern Road - FOR SALE
• Brand new 6 x 6 year lease to successful, long established café tenant trading as “Mr Foxx”
• Returning $104,200 per annum plus GST
• Fixed annual rental increases
• Tenant pays all usual outgoings
• Commercial 1 zoned land holding of 224m2* with rear access
• Huge corner frontage of almost 60 metres to Malvern Road and Creswick Street
- Nestled within one of Australia’s most affluent municipalities (Stonnington), Glen Iris is immediately surrounded by the prestigious suburbs of Toorak, Malvern and Armadale, further enhancing the property’s appeal and strong underlying land value
• Walking distance to Tooronga and Gardiner train stations and tram services at doorstep
• Just 7km* from Melbourne’s CBD with convenient access to CityLink / Monash Freeway, via Tooronga Road entrance
This strategically located property will benefit from the recent influx of nearby residential developments, with more planned for the area which will further underpin the viability and growth in values of properties within Malvern Road’s commercial precinct.
For further information on 1491 Malvern Road, Glen Iris or to arrange an inspection, please contact Fitzroys selling agents Chris Kombi, Lewis Waddell or Ben Liu.
*approx.
Property ID: 504734464Last Updated: 4 Jan 2025
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000