1227-1229 Malvern RoadMalvern VIC 3144
Property Details for 1227-1229 Malvern Rd, Malvern
Last Listing description (November 2024)
MALVERN CORNER DEVELOPMENT OPPORTUNITY
Inspect via Appointment Kay & Burton, in conjunction with Gorman Commercial is pleased to offer 1227-1229 Malvern Road, Malvern for sale.Commanding a prime corner position on Malvern Road and Acre Place within a larger 667 sqm approx. north facing allotment, this site features a former bakery shopfront, adjoining offices and two freestanding studios comprising multiple offices, meeting rooms plus seven (7) on-site car parks.Key features of the property include:* Developers/owner occupiers* Short-term income* General Residential Zone Schedule 1* Malvern Road frontage: 18.97 metres approx.* Acre Place frontage: 35.18 metres approx.Approximately 8 kilometres south-east of the Melbourne CBD with excellent exposure to Malvern Road and located just east of the corner of Glenferrie Road. The property is well serviced by public transport with regular tram services operating along Malvern Road and Glenferrie Road, plus Tooronga Train Station on the busy Glen Waverley line, only one kilometre away and enjoys easy access to the Monash Freeway via both the Burke Road and Toorak Road entry/exit ramps.Jonathon McCormack 0418 835 885Tom Maule 0401 636 049
Property History for 1227-1229 Malvern Rd, Malvern, VIC 3144
- 23 Aug 2024Listed for Sale Private sale
- 18 Apr 2023Listed for Sale Contact Agent
- 14 Nov 2016Listed for Rent - Price not available
Recent sales nearby
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0About Malvern 3144
The size of Malvern is approximately 2.9 square kilometres. There are 9 parks, covering nearly 4.4% of the total area. The population of Malvern in 2016 was 10066 people. By 2021 the population was 9929 showing a population decline of 1.4% in the area during that time. The predominant age group in Malvern is 50-59 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation.In 2021, 70.20% of the homes in Malvern were owner-occupied compared with 66.70% in 2016.
Malvern has 6,779 properties. Over the last 5 years, Houses in Malvern have seen a -2.00% decrease in median value, while Units have seen a -0.75% decrease. As at 30 April 2026:
- The median value for Houses in Malvern is $2,872,859 while the median value for Units is $775,467.
- Houses have a median rent of $1,200 while Units have a median rent of $590.
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