Sold
For Sale
  • Retail

    • Flexible Freehold Investment to Occupy, Value-add or Redevelop (STCA)

    1428 Malvern Rd, Glen Iris, Victoria 3146 Australia
    Sold
    For Sale
  • Retail

    • Flexible Freehold Investment to Occupy, Value-add or Redevelop (STCA)

    1428 Malvern Rd, Glen Iris, Victoria 3146 Australia
    Building Size
    181 SQM
    Lot Size
    242 SQM
    Building Size
    181 SQM
    Lot Size
    242 SQM

    OVERVIEW

    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 倪梦佳 +61 425 232 942

    - Inner East Melbourne

    CONTACT

    Key Features
    • Offered with Vacant Possession (VP)
    • Significant Land Area of 242sqm*
    • Dual Access with Two Car Parks On-Title

    Details

    Building Size:
    181 SQM
    Sale Price:
    Negotiable
    Lot Size:
    242 SQM

    CONTACT

    Flexible Freehold Investment to Occupy, Value-add or Redevelop (STCA)

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
    MORE OPTIONS
    AGREE AND CLOSE
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing