151 Waverley RoadMalvern East VIC 3145
Property Details for 151 Waverley Rd, Malvern East
Last Listing description (May 2019)
Prominent Main Road Malvern East Investment
Leased to an experienced Restaurant operator, this large premises comprises approximately 280m2 with 350m2 of land and excellent rear access. If you are looking for an investment with a long term outlook and a strong NET rent, this could be for you.
Call Tim McDermott on 0419 360 790 to discuss and inspect.
All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liable to pay the GST if applicable. An interested party is at all times responsible to ensure that the property inspected is suitable for their purposes and should note that the nominated area measurements are approximate and should not be relied upon. Area calculations may vary substantially, depending upon the basis of measurement. A Net Lettable Area is often smaller than a Title measurement. The Agent does not warrant that any area is correct and will not take any responsibility for area calculations, provided by a third party. The Agent recommends that a Purchaser, Tenant or Occupant have an area measurement certified by a surveyor if they wish to rely upon it.
Property History for 151 Waverley Rd, Malvern East, VIC 3145
- 12 Mar 2015Sold for $1,500,000
- 16 Nov 2013Listed for Sale 1400000
- 07 Jan 2011Transferred
Recent sales nearby
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0About 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 12,951 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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