255 Glenferrie RoadMalvern VIC 3144
Property Details for 255 Glenferrie Rd, Malvern
Last Listing description (March 2022)
Stonebridge Property Group is pleased to present for sale 255-263 Glenferrie Road, Malvern.
- A commanding Glenferrie Road investment/landbank with unrivalled street exposure to one of Victoria's most sought-after retail precincts
- 5 separate double level buildings all with multiple front & rear access points allowing for mixed use/multi-tenant capability
- Set to provide a fully leased income of $302,888* per annum (currently 80% leased to a mix of longstanding tenants)
- Flexible Commercial 1 Zoning, 632 sqm* of underlying land, 20.7m* of Glenferrie Road frontage, rear access and neighbouring non-residential properties to the north/west provide scope for favourable development provisions (STCA)
- Located on the prestigious Glenferrie Road retail precinct near the intersection of High Street, anchored by major supermarkets, national retailers & public transport (tram & train)
- Bordering Glenferrie Road are the affluent suburbs of Malvern and Armadale, both suburbs boast median house prices north of $2.5m - highlighting a high level of wealth & demand within the immediate area
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Stonebridge Property Group:
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Sarah Xi
0468 320 297
Property Code: 367
Property History for 255 Glenferrie Rd, Malvern, VIC 3144
- 22 Mar 2022Sold for $1,600,000
- 04 Feb 2022Listed for Sale Contact Agent
- 04 Feb 2013Listed for Rent $45,000 / year
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 6,825 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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