120, 23-25 Milton Parade, Malvern, VIC 3144

Offices

Sold $385,000

  • Property ID: 395840
  • Floor Area: 55m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 120 Sold N/A 55m2 N/A N/A
TOORAK CORPORATE GET HERE, STAY HERE.

POINT OF INTEREST:

Toorak Corporate is at the epicentre of Malvern business district, moments away from everything that makes this location so desirable — and at Suite 120, natural light and leafy outlooks do the same.

The 55 sqm* is cleverly utilised with four glass partitioned offices and a meeting room — all featuring ducted heating and cooling — and there are two secure car parks on title. Located only 750 m* from Tooronga Village, the Tooronga railway station is just 500 m* door to door, and speaking of door, the Toorak Road exit of the Monash Freeway is on yours — allowing accessibility from all points of Melbourne (albeit a little longer during the Monash car park peak hour).

- 55 sqm* building area.
- Quality office fitout throughout.
- Two secure basement car spaces.
- Ducted heating and cooling.
- On-site coffee shop/café.
- On-site corporate service support.
- Fringe of Monash Freeway.
- Buses running along Toorak Road.
- Trams up Glenferrie Road.
- 500 m* to Tooronga Railway Station.

POINT OF VIEW:

The previous two suites that were on-market here lasted just days (we would know, we transacted them). Read: the demand to secure a position within Toorak Corporate remains high, and once you’re here, businesses choose to stay.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 2 (N35 Tandem)
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Floating Floorboards
  • Lifts: Yes
  • Height: 2.7 metres approx.
  • Age: Circa 2000
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $291.48 per annum approx.
  • Land Tax: N/A
  • Council Rates: $568.30 per annum approx.
  • Owners Corp. / Insurance: $7,904.64 per annum approx.
Malvern Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9706 $645 6.64%
Offices $7872 $673 8.55%
Industrial --- $417 ---
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 Offices in VIC for Sale

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™.
  • 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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