1626 High Street, Glen Iris, VIC 3146 | Property Value & History | OnTheHouse
OFF MARKET

1626 High Street
Glen Iris VIC 3146

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
Land area: 175m2
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Property Details for 1626 High St, Glen Iris

Building Type
Commercial
Floor Size
115m2
Land Size
175m2
Local Government
Stonnington
Lot/Plan
1/LP37627

Last Listing description (November 2016)

GormanKelly is pleased to offer 1626 High Street, Glen Iris for sale by auction on Wednesday 23rd March at 12pm onsite.
A fantastic opportunity to secure an entry level commercial property within a well-established and regarded location on the doorstep to the Monash Freeway/Citylink with great upside or potential to owner occupy.
We believe the most outstanding aspects of this property include:

- Ground floor retail/office premises of 115m2 with rear onsite parking
- Securely leased to tenant trading as Australia Post, returning $24,720 net per annum plus GST and outgoings
- Suitable for Investors with future potential to develop (STCA)
- Land area 176m / Zoned Commercial 1
- Great location trams on High Street and only a short walk to Glen Iris Railway Station
- Easy access to the major arterials such as High Street, Wattletree Road, Princes Highway and the Monash Freeway
- Located only 2.4km s from Stockland Tooronga, anchored by Coles and home to names such as Bakers Delight, First Choice Liquor & Flight Centre
- Close proximity to High Street, Ashburton (2km) which is home to Ashburton IGA, Flight Centre, Chemmart Pharmacy, Two Seeds Caf , NQR & Ashburton Library
- Close to Malvern & Armadale (3.5-5km) with surrounding businesses including Mossgreen, Phillippas, 8 days Caf , Goodlife Armadale, Pressed Juices, Maison Est & various cafes & specialty stores
- Easy access to retail amenity of Glenferrie Road, Malvern
- Only 5.4km to Chadstone Shopping Centre which is anchored by David Jones & Coles and home to Adairs, Aesop, Australia Post, Endota Spa & various fashion retail stores.
The property is located on the south side of High Street near the intersection of Malvern Road and is located approximately 13km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council. High Street is a major arterial road that runs from Ashburton through to Prahran, where it merges with St Kilda Road.

Property History for 1626 High St, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$800,000
23 Mar 2016
  • 23 Mar 2016
    Sold for $800,000
  • 23 Feb 2016
    Listed for Sale SOLD - $800,000
  • 13 Oct 1997
    Sold for $312,763
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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 8 properties listed for rent in Glen iris on OnTheHouse. According to Cotality's data, 617 properties were sold in the past 12 months in Glen iris.

Suburb Insights for Glen Iris 3146

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.