167 Wattletree Rd, Malvern is a 5 bedroom, 1 bathroom House with 8 parking spaces and was built in 1910. The property has a land size of 437m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 5 bedroom House sold in Malvern in the last 12 months.
At a glance
* Freestanding medical / consulting facility
* Prime position within the Cabrini Hospital precinct
Abode
Medical Consulting Rooms in the Cabrini Hospital Precinct
Positioned within the highly regarded Cabrini Hospital precinct, this standalone medical and consulting facility presents a rare opportunity to secure a purpose-designed space in one of Melbournes most tightly held healthcare locations.
Offering approximately 187sqm (approx.) of thoughtfully planned accommodation, the building is configured to support efficient clinical operations while maintaining comfort and privacy for both practitioners and clients. The consulting rooms are complemented by additional staff and client amenities, creating a balanced and professional working environment.
Tenant: *Leased to Psychologycare (Vic) for an extended period.
Passing Net Rent: $75,974 inclusive of GST per annum.
Term: The property is currently leased for 3 years until 31 July 2026 with one (1) further three (3) year option and 3% annual increases.
Potential income: Market Net Rent $98,175 per annum
Zoning: GRZ and No Heritage overlay
Building area: 187sqm approx.
Land: 440sqm approx. with frontage of 12.2M.
Features: Climate control is assured year-round with comprehensive heating and cooling.
Ample and secure off-street parking for up to 8 vehicles enhances accessibility and convenience, a key advantage in this sought-after precinct. The standalone nature of the building further allows for independent operation, and long-term adaptability.
Area
Located in the heart of the Cabrini Hospital precinct, the property enjoys strong medical affiliation and exceptional accessibility. This well-established healthcare hub is surrounded by leading medical providers, specialist services, and supporting amenities, reinforcing its appeal for practitioners and patients alike.
With excellent transport connections and proximity to key arterial routes, the location ensures ease of access while benefiting from the prestige and stability associated with one of Melbournes most respected medical precincts.
DISCLAIMER: Whilst every care is taken to supply accurate information it is recommended that all interested parties conduct their own due diligence on the accuracy of the accuracy of the information provided. All measurements, dimensions, land sizes and indications of area and distance quoted are approximate.
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 6,823 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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