5/1632-1638 High StreetGlen Iris VIC 3146
Property Details for 5/1632-1638 High St, Glen Iris
Last Listing description (June 2023)
Area: 186m2 + 21m2 storage unit
Car spaces: 5
Zoning: Commercial 1
Gorman Kelly is pleased to offer Suite 5, 1632 1638 High Street, Glen Iris FOR SALE
Securely leased strata title office suite set within a well maintained 3 level office building. Occupying part of the top floor, Suite 5 occupies 186m2 of partitioned and air conditioned office space, including kitchenette, toilet facilities and 4 car parking spaces. In addition to the office space the sale includes a 21m2 ground floor storage unit.
The property is situated on the corner of High Street & Essex Street in a local shopping strip comprising a mixture of offices and retail shops. The property boasts a tram stop a moments walk away, is located opposite Glen Iris Train Station and further enhanced by being metres from M1 Monash Freeway connecting to the CBD.
Tenancy Details:
Suite 5
3 + 3 + 3 + 3 year lease from 1 February 2021
$67,137 p.a. plus GST and outgoings
Ground Floor Storage
3 + 3 year lease from 20 March 2021
$6,753 p.a. plus GST and outgoings
Contact RM & WK
Property History for 5/1632-1638 High St, Glen Iris, VIC 3146
- 21 Apr 2023Sold for $1,070,000
- 01 Feb 2023Listed for Sale Contact Agent
- 22 Jun 2017Sold for $750,000
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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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