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Cushman & Wakefield - Melbourne

1428 Malvern Rd Glen Iris, VIC 3146

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1428 Malvern Rd,
Glen Iris, VIC 3146

Shops & Retail • Offices • Other

Price information

Sold

$1,190,000

Key property information

Land area

Floor area

Tenure type

Sold on

Cushman & Wakefield - Melbourne
George Davies

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Melbourne
1428 Malvern Rd
Glen Iris, VIC 3146

Map of 1428 Malvern Rd

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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 4...
Eva Ni 倪梦佳 +61 425 232 942

Property ID: 504375960Last Updated: 20 Nov 2024

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