1586 High Street, Glen Iris, VIC 3146 | Property Value & History | OnTheHouse
 
OFF MARKET

1586 High Street
Glen Iris VIC 3146

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 189m2
Land area: 788m2
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Property Details for 1586 High St, Glen Iris

Building Type
Commercial
Year Built
1930
Floor Size
189m2
Land Size
788m2
Local Government
Stonnington
Lot/Plan
1/TP597443

Last Listing description (June 2021)

Savills is pleased to present the opportunity to purchase 1586 High Street, Glen Iris.

1586 High Street is ideally located in the tightly held and highly sought after suburb of Glen Iris, and is an incredible opportunity to secure a high profile and versatile medical centre with a range of conversion/redevelopment opportunities.


- Existing medical centre with 5 main rooms
- Land area of 797sq m*, incorporating 11 onsite car parks
- Premium opportunity for medical occupiers or flexibility to convert or redevelop to residential (STCA)
- Highly accessible location with immediate access to Monash Freeway, Glen Iris Train Station and extensive tram and bus networks
- A fantastic location just metres from Malvern Road, Glen Iris Village Shops and an abundance of surrounding amenity
- Offered with vacant possession
- Residential 1 Zone

(*approx.)

Open for Inspection Times:

Tue 4 February 2014 8.00am - 8.30am
Thu 6 February 2014 10.00am - 10.30am


Please contact either Julian Heatherich or Jesse Radisich at Savills for further information.

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

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Property History for 1586 High St, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$1,325,000
22 Feb 2014
  • 22 Feb 2014
    Sold for $1,325,000
  • 17 Jan 2014
    Listed for Sale SOLD - $1,325,000
  • 06 Oct 2007
    Sold for $1,047,500
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About 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 13,480 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.
There are currently 26 properties listed for sale, and 10 properties listed for rent in Glen iris on OnTheHouse. According to Cotality's data, 613 properties were sold in the past 12 months in Glen iris.

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