1622-1624 High Street, Glen Iris, VIC 3146 | Property Value & History | OnTheHouse
 
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1622-1624 High Street
Glen Iris VIC 3146

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 180m2
Land area: 307m2
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Property Details for 1622-1624 High St, Glen Iris

Building Type
Commercial
Floor Size
180m2
Land Size
307m2
Local Government
Stonnington
Lot/Plan
6/LP3443

Last Listing description (November 2015)

Vendors Instructions to sell. Offers over $1.3 will be considered.
Axis Property is please to offer to the market this outstanding opportunity to purchase two shops in highly sought after Glen Iris.
This is a rare opportunity to secure two retail shops on a large allotment of land.

The property is bursting with development potential into a mixed use development (STPA).
It is also an ideal investment opportunity or also ideal for those looking for a property to owner occupier for their own business.
The location:-
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.
The property is 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 strip comprises of a mixture of offices and retail shops. Glen Iris Train Station is opposite the site, a tram stop is a moment's walk away with easy access to the M1 - Monash Freeway.
The property is further enhanced by car parking at the rear of the property with council parking for 30+ vehicles.
The Property:-
Two Shops on one title
Building area - 180 Sqm*
Land area - 305 Sqm*
Commercial 1 zone
Rear access and parking
To be offered with vacant possession

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Property History for 1622-1624 High St, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$1,430,000
14 Oct 2015
Listed for Rent
12 Oct 2015
  • 14 Oct 2015
    Sold for $1,430,000
  • 18 Aug 2015
    Listed for Sale For Sale
  • 05 Jun 2015
    Listed for Rent - Price not available
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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 29 properties listed for sale, and 8 properties listed for rent in Glen iris on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Glen iris.

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