297 Wattletree RoadMalvern East VIC 3145
Property Details for 297 Wattletree Rd, Malvern East
Last Listing description (August 2026)
IN EXCESS OF 8.5M* FRONTAGE TO WATTLETREE ROAD
DBRE is proud to present this outstanding property offering rare flexibility & remarkable potential in the tightly-held Wattletree Village precinct. This substantial shopfront is ready to adapt to the needs of investors & owner-occupiers alike. Set at the centre of this tightly-held Eastern-suburban retail strip, this blue-chip shopfront is Commercial Zone 1 and a future driven by low-vacancy rates & potential development upside.
Leased to Taco Bill until 10 April 2026 with no further options.
Current rental $69,365.04pa + outgoings
221sqm* building area
8.5m* frontage
394 sqm* site area
Car parks on sealed apron - access from rear ROW
Commercial kitchen with adjacent cool room
Office, storage, WC facilities; male (1 stall) & female (2 stalls)
Tiled back-of-house with grease-trap, storage facilities
Commercial Zone 1
Bordering the high-worth Gascoigne Estate neighbourhood
Vibrant strip with a strong allied health & hospitality focus
Close to Cabrini Hospital & Monash Universitys Caulfield Campus
Tram-route at the door, 30 minutes by tram to the CBD
Easy access to M1 Freeway; 20 minutes by road to the CBD
Border a blue-chip location. Secure investment.
Add value.
Future owner occupy - vacant possession available in April 2026.
For further details or to arrange an inspection please do not hesitate to contact:
DBRE Pty Ltd
James Davie 0412 209 696
Andrew McLaren 0405 572 514
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
Please feel free to contact us to discuss your commercial property needs.
In the fast-paced realm of real estate, speed is crucial. But direction? That's vital. We give you both.
Property History for 297 Wattletree Rd, Malvern East, VIC 3145
- 25 Jul 2025Sold for $1,420,000
- 16 Nov 2023Listed for Sale Contact Agents
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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 12,921 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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