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A Commanding Stonnington Corner with Income & Potential
1437-1443 Malvern Road, Glen Iris VIC
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
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
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