232 Glenferrie Road, Malvern, VIC 3144

Retail

Leased

  • Property ID: 299253
  • Floor Area: 157m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 02/07/2018 157m2 N/A $50,000
Prime Retail Opportunity!

High quality retail opportunity in the heart of Glenferrie Road with great flexibility of use.

The 2-level shop would suit a multitude of uses with a first floor area which would suit treatment rooms, offices or a residence.

The property also features:
- Building area 157m2
- 2 car spaces
- Excellent condition throughout
- Rear yard
- High foot traffic location
- Large awning for signage

The subject property is located in the Glenferrie Road Shopping Strip between High Street and Wattletree Road. This popular shopping strip is anchored by Nandos, 7 Eleven, Subway, Grill’d, Bank of Melbourne, Coles, Westpac, ANZ and Commonwealth Bank as well as many specialty stores and hospitality venues.

Additional Information
Features
  • Availability: Immediate
  • Zoning: Commercial 1 Zone
  • Lease Term: Negotiable
  • Rent Review: Negotiable
  • Car Spaces: 2 on site
  • Condition: Excellent
  • Roller Doors: No
  • Floors: Tile/Timber
  • Lifts: No
  • Height: 3 metres
  • Age: Refurbished
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Malvern Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $417 ---
Retail $9706 $645 6.64%
Offices $7872 $673 8.55%
This is the average advertised price, rent and yield for Malvern, VIC 3144*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 232 Glenferrie Road, Malvern, VIC 3144. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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