Stonebridge Property Group is pleased to present for sale 1437-1443 Malvern Road, Glen Iris.
The key highlights of the opportunity include:
- The significant corner, positioned in the central junction of Glen Iris's retail village, is offered 100% leased to 4 established tenants
- Spanning 574sqm* the refurbished building comprises 3 prime retail spaces & a separately accessed level 1 medical/retail space
- The property has been strategically subdivided into 4 titles, allowing the value add possibility of selling each space separately over time
- Strong property fundamentals with 334 sqm* of underlying land and Commercial 1 zoning
- The building enjoys 34 m* of combined corner frontage providing valuable tenant exposure to 31,000* passing cars daily along both Malvern and Tooronga Road
- Located in the suburb of Glen Iris (median house price of $2.47 million) which forms part of the City of Stonnington – one of Australia’s most affluent municipalities
- Hyper connected location with direct access to the Route 72 tram and proximity to both Tooronga (400 m*) and Gardiner (850 m*) Train Stations
- The Malvern Road retail precinct is home to a diverse mix of retailers and high performing hospitality tenants including The Malvern Hotel, Top Paddock and Teo’s Pizza Bar ensuring a consistent trading environment
1437-1443 Malvern Road, Glen Iris is offered for sale via Public On-site Auction on Wednesday 26th June 2024 at 1:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Chao Zhang ??
0411 625 068
* Approximately
Property Code: 972