312 Waverley Road, Malvern East, VIC 3145 | Property Value & History | OnTheHouse
OFF MARKET

312 Waverley Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 289m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 312 Waverley Rd, Malvern East

Building Type
Commercial
Land Size
289m2
Local Government
Stonnington
Lot/Plan
1/TP672730

Last Listing description (December 2023)

Phone enquiries - please quote property ID 30941.

BRILLIANT COMMERCIAL BUILDING LEASE OPPORTUNITY

Seldom does an opportunity like this present itself... for lease is a double-story building in Malvern East that will perfectly suit an architecture or creative consultancy as well as business consultants.

Leasing this building would save a business considerable time, outlay, and hassle associated with setting up a new commercial office space.

Given the multiple improvements to the building, this lease offers exceptional value compared with commercial properties of similar size. The building is located in Waverley Road with a tram line immediately out front, and amidst cafes and other local businesses. It offers great street frontage and opportunities for signage and business branding. Enjoy a landscaped courtyard and car space for 4 vehicles.

THE BUILDING

Two-story commercial building painted inside and out, carpeted and rewired in 2019.

Downstairs:
* Large front room filled with natural light- large space currently used for 5 staff but could easily accommodate more.
* Dedicated 4-island design desk, hardwired.
* Additional meeting room downstairs
* Storage room
* Kitchenette with dishwasher
* Outdoor bathroom
* Heating/cooling for downstairs office area.

Upstairs:
* Upstairs directors office with an abundance of natural light. Directors oak desk with hard-wired desk, Planex storage sideboards, TV for presentations
* Central room that can easily accommodate 4 desks or be a board room/meeting room
* Third smaller office
* Bathroom including shower upstairs, single toilet downstairs
* Separate heating/cooling system upstairs

Plus the following:
* VOIP Phone system cabled through the building and to workstations
* All new light fittings including architectural fittings
* NBN to building with Wi-Fi boosters throughout
* Off-street parking for 4 cars & additional side street offer all day unlimited parking for staff and clients
* Rear landscaped courtyard for staff enjoyment

DETAILS OF LEASE

Current rental is $3824 + GST plus outgoings
The lease is currently in the 4th of the five-year term.
The current lease term runs until July 2024 with the option to renew a 5 + 5-year term or negotiate new terms at that time.
(Or secure this office for tenancy as a short-term rental solution through July 2024)

The current tenant has downsized and relocated to country Victoria which is why we are looking to transfer the commercial lease to another business.

FIXTURES AND FITTINGS

Office furniture, shelving, printers, phone systems, server rack cabinets and more will be available for discounted bulk purchase. If the new tenant does not wish to purchase these, they will be removed from the building prior to a new tenant moving in.

CONTACT AND INSPECTION

Contact us for more information and an inspection of the building.

Important note: the applicant will require the approval from agent/ landlord for the transfer of the lease.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 312 Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Transferred
18 Feb 2023
Listed for Rent
$880/w
11 Nov 2023
  • 13 Jun 2023
    Listed for Rent $47,800 / year
  • 18 Feb 2023
    Transferred
  • 15 Feb 2016
    Listed for Rent - Price not available
Commute Calculator

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 12,922 properties. Over the last 5 years, Houses in Malvern East have seen a -1.68% decrease in median value, while Units have seen a -4.47% decrease. As at 31 August 2026:

  • The median value for Houses in Malvern East is $2,199,907 while the median value for Units is $693,787.
  • Houses have a median rent of $895 while Units have a median rent of $578.
There are currently 26 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 469 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

Market Insights
Malvern East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Malvern East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.