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.
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