151 Glenferrie RoadMalvern VIC 3144
Property Details for 151 Glenferrie Rd, Malvern
Last Listing description (April 2023)
***LEASED***
Gross Waddell ICR is delighted to present 151 Glenferrie Road, Malvern for lease. Located in one of Melbourne's most sought after and tightly held precincts.
Surrounded by multi-national tenants and well-known brands such as Coles, Westpac, ANZ, Commonwealth Bank, Glick's Bakery, Specsavers, Yo-Chi, and Chemist Warehouse as well as Malvern Central and a plethora of cafes and restaurants.
Its location provides tenants with excellent public transport with a tram service along Glenferrie and Wattletree Roads. The Malvern Railway Station is located some 600 metres from the subject property and there are multiple council car parks within close proximity.
The premises is hospitality ready with a commercial kitchen, service counter, seating area, and first-floor storage/office area. This is a brilliant chance for a caf/restaurant operator to secure an existing premises or would suit an astute operator to set up in this prize location.
Key Features Include:
- Building Area: 150sqm* over 2 levels
- Onsite car parking
- Hospitality ready
- Suit a variety of uses (STCA)
*Denotes Approx.
Property History for 151 Glenferrie Rd, Malvern, VIC 3144
- 18 Mar 2020Listed for Rent - Price not available
- 07 Aug 2002Sold for $1,204,500
- 26 Jun 1989Sold for $1,400,000
Recent sales nearby
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0About Malvern 3144
The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of 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 6,824 properties. Over the last 5 years, Houses in Malvern have seen a 11.32% increase in median value, while Units have seen a 5.87% increase. As at 31 March 2026:
- The median value for Houses in Malvern is $3,153,740 while the median value for Units is $799,050.
- Houses have a median rent of $1,100 while Units have a median rent of $588.
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