1529 High StreetGlen Iris VIC 3146
Property Details for 1529 High St, Glen Iris
Last Listing description (August 2015)
GormanKelly in conjunction with Bekdon Richards is pleased to offer 1529-1533 High Street, Glen Iris and 1a & 1b Paran Place, Glen Iris for Sale.
Highlights of this outstanding property include:
* Four properties on two separate titles; total building area 331m *
* Zoned Commercial 1
* Prime location with 11.5m* frontage to High Street
* Four tenancies currently returning $88,470.16 net p.a. plus GST
* Suitable for Investors or Developers with future development potential (STCA)
* 100m from Glen Iris Train Station & High Street tram service
* Well located just off Monash Freeway, easy access to CBD & Melbournes eastern suburbs
The properties are located on the northern side of High Street near the corner of Paran Plan and is located approximately 15km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council. High Street is a major arterial road that runs from Prahran through to Wantirna South.
The locale in which the property is positioned is a well-established retail strip, strongly supported by the dense surrounding residential catchments and steady stream of passing motorists and foot traffic.
For further information please contact either Chris Alcock on 0407 907 748 or Sandro Peluso on 0418 389 757 from Gorman Kelly Commercial or from Bekdon Richards Real Estate, Evan Lykourinos on 0414 555 455.
Property History for 1529 High St, Glen Iris, VIC 3146
- 21 Jul 2015Sold for $560,000
- 12 May 2015Listed for Sale Not Disclosed
- 15 Dec 2011Listed for Rent - Price not available
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0About Glen Iris 3146
The size of Glen Iris is approximately 8.0 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2016 was 25268 people. By 2021 the population was 26131 showing a population growth of 3.4% in the area during that time. The predominant age group in Glen Iris is 50-59 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation.In 2021, 70.00% of the homes in Glen Iris were owner-occupied compared with 68.00% in 2016.
Glen Iris has 13,479 properties. Over the last 5 years, Houses in Glen Iris have seen a 4.37% increase in median value, while Units have seen a 6.61% increase. As at 31 March 2026:
- The median value for Houses in Glen Iris is $2,395,404 while the median value for Units is $766,441.
- Houses have a median rent of $1,050 while Units have a median rent of $580.
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