19 Glenferrie Road, Malvern, VIC 3144 | Commercial for sale | OnTheHouse
 
FOR SALE
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19 Glenferrie Road
Malvern VIC 3144

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FULLY EQUIPPED ASIAN RESTAURANT WITH RESIDENCE. URGENT SALE, MAKE AN OFFER

Phone enquiries - please call 1300 594 794 and quote property ID 19606.
Situated at the south end of busy Glenferrie Road this well equipped Asian Restaurant can be purchased at a very cheap price! Part of the main shopping strip, this Asian cuisine style restaurant known as ‘Tarim Diyari’ was previously ‘Lao Tuojia’. New owners now must urgently return overseas due to ill parents.
THIS IS AN URGENT SALE AND OWNERS WHO PAID OVER $100,000 WILL LOOK AT ALL REASONABLE OFFERS AND THE HIGHEST BIDDER WILL SUCCEED! SO BE QUICK!
The restaurant is very neat and tidy with nothing else to do. Nice décor, clean with a nice atmosphere.
Currently trades 7 days per week for lunch and dinner. The restaurant seats around 40-50 people and is licenced for BYO. There is a good commercial kitchen with dishwasher, 4 door freezer, stainless steel benchtops, shelving and a commercial deep frying/wok gas burner for 3. It has continuous water flowing to cool down. Plenty of street carparking for customers.
RESIDENCE:-
This is included in the lease, so new owner could either live in or rent out.
THE LEASE:-
Currently for 4 years remaining with further options. Lease is very reasonable $5500 per month for the whole premises.
FURTHER POTENTIAL:-
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Property Details for 19 Glenferrie Rd, Malvern

Building Type
Commercial
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About Malvern 3144

The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Malvern in 2016 was 10066 people. By 2021 the population was 9929 showing a population decline of 1.4% in the area during that time. The predominant age group in Malvern is 50-59 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation.In 2021, 70.20% of the homes in Malvern were owner-occupied compared with 66.70% in 2016.

Malvern has 6,821 properties. Over the last 5 years, Houses in Malvern have seen a 32.34% increase in median value, while Units have seen a 8.32% increase. As at 31 October 2025:

  • The median value for Houses in Malvern is $3,541,241 while the median value for Units is $794,206.
  • Houses have a median rent of $850 while Units have a median rent of $580.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Malvern on OnTheHouse. According to Cotality's data, 302 properties were sold in the past 12 months in Malvern.

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