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Gorman Commercial Real Estate

564 Malvern Road Prahran, VIC 3181

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564 Malvern Road,
Prahran, VIC 3181

Shops & Retail

Key property information

Land area

Floor area

Car spaces

Tenure type

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Gorman Commercial Real Estate
Tom Maule
Jonathon McCormack

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
564 Malvern Road
Prahran, VIC 3181

Map of 564 Malvern Road

Directions

HAWKSBURN VILLAGE DELIGHT

  • Long-term tenant, occupied for 15 years
  • Income: $80,000 pa
  • Thriving Hawksburn Village location
Gorman Commercial is pleased to offer for private sale 564 Malvern Road, Prahran.

This impeccably presented retail shop, occupied by a long-term tenant, boasts a prime location in the heart of Hawksburn Village, and is an exceptional investment opportunity not to be missed.

Key property features:

* Building Area: 155 sqm*
* Land Area: 170 sqm*
* Rear access via R.O.W
* Two (2) year lease to long term tenant Plane Tree Farm, who have occupied the premises for 15 years
* Returning $80,000 pa + GST + outgoings
* Located in the tightly-held Hawksburn Village, directly opposite Woolworths

Prahran, 3181 demographic data

The median household income for Prahran is $2,121, 12% higher than Greater Melbourne's household income of $1,901. Prahran has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 53% of property owners in Prahran have a mortgage.

12,203
Population
$2,121 per week
Median household income
34 years
Median age
Renters
Most residents
Singles
Most households

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