Gorman Commercial is pleased to present this two-level, fully leased investment in the heart of Malvern for private sale.
1419 Malvern Road, Malvern is well situated between Tooronga Road and Cressy Street within the Malvern Village shopping strip. This section of Malvern Road is well known for its mixture of service retail businesses, including specialty antique shops, a growing number of fine cafes, office buildings, showrooms, national tenants such as IGA and new high end residential living.
Key attributes of the property include:
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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