POINT OF INTEREST:
This central retail opportunity in the heart of Glenferrie Road has been recently renovated and comprises a two level lock up shop. The property features a ground floor shop front, open plan rear retail area, car parking and yard/garden area, together with first floor office/dwelling.
- Building area 157m2*
POINT OF VIEW:
Located in the Glenferrie Road Shopping Strip between High Street and Wattletree Road. This popular shopping strip is anchored by Coles, 7 Eleven, Subway, Grill'd, Bank of Melbourne, Westpac, ANZ and Commonwealth Bank as well as many speciality stores and hospitality venues. Route 16 Glenferrie Road trams at your door step and 660m* to Malvern Station.
*Approx.
Pricing excludes GST
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 6,825 properties. Over the last 5 years, Houses in Malvern have seen a 25.62% increase in median value, while Units have seen a 7.14% increase. As at 30 November 2025:
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