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For Sale | Retail Sold

Flexible Freehold Investment to Occupy, Value-add or Redevelop (STCA)

1428 Malvern Rd
Glen Iris, Victoria 3146
Inquire About This Property
Building Size:
181 SQM
Sale Price:
Lot Size
242 SQM

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
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