GormanKelly is pleased to offer 1377 Malvern Road, Malvern for sale via Public Auction on Wednesday 27th April 2022 at 12pm on-site.
VIRTUAL TOUR: https://my.matterport.com/show/?m=pz63BwiLFRB
We believe the most outstanding aspects of this property include:
Impressive two-story premises of 141m2* (approx.)
Beautifully presented and extremely well-maintained building
Currently returning $54,077.00 net p.a + GST
200m from the Malvern Road and Tooronga Road intersection
One (1) car space at the rear of the property and abundant street car parking
Easy access to Tooronga Station, Monash Freeway and Gardiners Creek bike path via Tooronga Road
Located within the popular Malvern Road retail precinct;
Well serviced by public transport with an easy 35-minute tram ride to the CBD at your doorstep.
Walking distance to numerous parks including Malvern Public Gardens, Tooronga Park and Gardiner Park
Please contact Nick Breheny or Gerry Gleeson for further information or to arrange an inspection.
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:
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