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Development/Land For Sale found in MALVERN, VIC 3144

SUBSTANTIAL OFFICE INVESTMENT WITH EXCELLENT DEVELOPMENT POT...

Investment | Offices | Development/Land | Medical

Part Occupancy available NOW!
* Prime Real Estate situated in an established commercial precinct in the Eastern Suburbs of Melbourne
* Architecturally significant and highly visible
* Compact central core design allows for maximum flexibility for tenancy layout
* 3 separate titles
* Located approximately 10km from Melbourne's Central Activities District and adjacent to Dandenong Road
* 32.32 Meters frontage to Glenferrie Road
* Site area approx. 1076m2
* Building area approx. 2187.6m2
* Residential Development Potential (STPA)
* 360 Degree views of Melbourne from Rooftop
* Secure parking for 69 vehicles
* Commercial Zone 1
Contact Martin Smyth 0411 744 000, martin@rosinsmyth.com.au to arrange inspection.

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Price: Contact Agent    Building: 2187m²    Land: 1076m²    Occupancy: Tenanted

Properties located in the surrounding suburbs

HAWTHORN'S BEST DEVELOPMENT SITE

Investment | Development/Land | Offices

JLL and Gorman Kelly are delighted to present for your consideration an irreplaceable, blue chip land holding located in one of Melbourne's most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne's premier inner east, Hawthorn represents a magnificent development opportunity (STCA), as well as an excellent opportunity to occupiers wanting to utilise the existing improvements.
Located in one of Melbourne's most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.
This premium opportunity is summarised by the following key attributes:
- Well exposed corner property of 1,221sqm* land holding providing exceptional development opportunity;
- A rare opportunity; suitable for value add investors, future owner occupiers or developers;
- Extensively renovated single level office building of 937m2 with basement parking for 29 cars;
- Existing lease and net rental income of $286,758.96 per annum plus GST from international tenant ACI Operations Pty Ltd with lease expiring 30 June 2018 and no further option;
- Outstanding future development potential (STCA) to deliver a high density mixed-use project;
- Close to local amenity, within walking distance to vibrant Burwood Road Shopping Strip and anchored by one of Melbourne's busiest suburban retail strips-Glenferrie Road, which includes a host of national retailers;
- Near supermarkets; dining, culinary and entertainment attractions; train stations, trams and transport hub, Swinburne University; various parks, gardens and recreation attractions and freeway link to Melbourne CBD.
For further information or to arrange an inspection, please contact the exclusive agents from JLL or Gorman Kelly.

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Price Contact Agent
Building 937m²
Land 1221m²
Occupancy Tenanted
Property ID 257449

PREMIUM PERMIT APPROVED HAWTHORN EAST SI...

Development/Land

Savills is delighted to offer for sale this superb development site located at 11-15 Mayston Street, Hawthorn East. Rarely is such a high quality development opportunity presented to the market in such a premium lifestyle location, offered with an approved permit for a stunning mixed use project within one of Melbourne's most prestigious suburbs.
Key attributes of this fantastic opportunity are:
- A prime landholding of 1,680sq m*
- Approved permit for a 'Hayball' designed project comprising 33 apartments, 4 townhouses and retail + commercial space
- Exceptional project design with majority 2 and 3 bedroom apartments and luxury townhouses
- Commercial 1 Zone / Neighbourhood Residential Zone 3
- Short-term leases in place providing holding income
- The ultimate lifestyle position within Melbourne's blue-chip eastern suburbs
- Close proximity to Camberwell Train Station and on the doorstep of the expansive Fritsch Holzer Park
- Surrounded by Camberwell's finest retail amenity, including the Burke Road retail strip/Camberwell Junction, The Well Shopping Centre, Glenferrie Road retail precinct and more
- Camberwell is home to many of Melbourne's elite secondary education facilities
- A spectacular, permit approved opportunity in Melbourne's most sought after location!
The opportunity to secure a prime landholding in this premium suburban location surrounded by abundant lifestyle and retail amenity is sure to be highly sought after, especially when you consider the approved permit for a luxury mixed use project.
11-15 Mayston Street, Hawthorn East is For Sale by Expressions of Interest closing Wednesday 23 August at 2pm.
For further information, please contact:
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

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Price: EOI Closing Wednesday 23 August at 2pm    Land: 1680m²    Occupancy: Vacant

PERMIT APPROVED MIXED-USE SITE

Investment | Development/Land

Savills are delighted to offer for sale 563-565 Burwood Road, Hawthorn. Rarely does such a unique mixed-use opportunity come to the market in such a highly sought after location, close to abundant public transport and a full range of retail and lifestyle amenity.
Key attributes of this outstanding development site include:
- An ideal 654sq m* landholding
- Dual street frontages to Burwood Road and Queens Avenue
- Planning Permit for 17 apartments and retail over 7 levels
- Recent height changes offer additional permit upside (STCA)
- Highly sought after Commercial 1 Zoning
- Situated within the heart of Hawthorn's vibrant retail precinct with direct proximity to Glenferrie Road
- Currently improved with a well presented two level commercial premises
- Auburn Train Station only 250 metres* from the property
- Brilliant inner city location in direct proximity to the Melbourne CBD and Swinburne University
- The property is being offered with two short term leases in place returning $81,300* pa
The chance to secure a prime permit approved development opportunity and commercial investment in such an outstanding location is very rare and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
This property is For Immediate Private Sale.
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

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Price: Immediate Private Sale    Land: 654m²    Occupancy: Tenanted


OUTSTANDING DEVELOPMENT OPPORTUNITY

Investment | Development/Land

POSITIONED WITHIN THE PRESTIGIOUS WAVERLEY ESTATE AND ADJOINING THE RENOWNED GASCOIGNE ESTATE
Fitzroys in conjunction with Gross Waddell are delighted to offer for sale, 65-69 Waverley Road, Malvern East. This exceptional landholding represents a rare opportunity to acquire a premium development site within the affluent suburb of Malvern East and surrounded by every amenity imaginable.
Key attributes of this superb development opportunity include:
- Significant corner site of 1,226 sqm approx. over two
titles
- Ideal combined frontage of over 70 metres approx. providing efficient design
- Includes over 36 metres of frontage to stunning tree lined Epping Street
- Property currently comprises three (3) separate homes
- Development scheme in place for 19 luxury apartments and 21 car parks
- Absolute first class location only metres from the internationally recognised Monash University, Caulfield Racecourse and the $1 billion Caulfield Village project
- Direct access to all modes of public transport with trams at doorstep and Caulfield Train Station and buses only a short walk to the south
- Positioned within Melbourne’s ‘Private School Belt’ surrounded by esteemed primary and secondary schools including Caulfield Grammar, Sacre Couer and Korowa Girls School
- Easy access to extensive recreational options including Central Park, Caulfield Park, East Caulfield Reserve and Ardrie Park
- Surrounded by a surplus of retail options including the shopping strips of Waverley Road, Burke Road and Glenferrie Road and direct access to Caulfield Plaza, Malvern Central, Koornang Road Carnegie’s famous eateries and Chadstone Shopping Centre
- Close access to major arterials including Dandenong Road and the Monash Freeway
- A rare blue chip offering in an incredibly popular apartment location, with a number of recent successful projects in the immediate vicinity
65-69 Waverley Road, Malvern East represents an exceptional opportunity to acquire an exclusive development site in one of Melbourne’s premier residential suburbs.
For further information, please contact:
Fitzroys:
Chris Kombi – 0438 156 236
James Lockwood – 0402 824 441
Gross Waddell:
Jonathan McCormack – 0418 835 885
Alex Ham – 0410 545 226

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Price: Contact Agent    Building: 420m²    Land: 1226m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Malvern, VIC 3144

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $336
Retail $364
Industrial $417
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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