119 Waverley RoadMalvern East VIC 3145
Property Details for 119 Waverley Rd, Malvern East
Last Listing description (April 2025)
Ray White Commercial Oakleigh is pleased to offer 119 Waverley Road Malvern East for Lease, this main road shop is being offered at an affordable price and offers a great position for any business.
This versatile property can suit a variety of uses STCA and is situated in a highly desirable location.
The property is surrounded by quality boutiques and cafes with immediate access to numerous local schools and public transport.
Property Features:
Total building area | 150m2 approx.
Ground floor retail area including kitchen and bathroom
Secondary outdoor toilet
Retail area | 35m2 approx.
Moments from Caulfield Railway Station, Princes Highway and the M1 Freeway.
Two (2) off-street car spaces.
Reverse cycle heating / cooling.
High foot traffic location.
Large awning for signage.
Main road exposure along Waverley Road.
George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 119 Waverley Rd, Malvern East, VIC 3145
- 14 Oct 2024Listed for Rent $20,000 / year
- 05 Nov 2023Listed for Rent $29,000 / year
- 14 May 2020Listed for Rent $25,000 / year
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About Malvern East 3145
The size of Malvern East is approximately 7.7 square kilometres. There are 25 parks, covering nearly 14.3% of the total area. The population of Malvern East in 2016 was 21707 people. By 2021 the population was 22296 showing a population growth of 2.7% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation.In 2021, 66.90% of the homes in Malvern East were owner-occupied compared with 64.90% in 2016.
Malvern East has 12,925 properties. Over the last 5 years, Houses in Malvern East have seen a -2.64% decrease in median value, while Units have seen a -3.26% decrease. As at 31 July 2026:
- The median value for Houses in Malvern East is $2,269,530 while the median value for Units is $656,432.
- Houses have a median rent of $883 while Units have a median rent of $575.
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