FOR SALE
Secured Retail Investment leased to post office with future development of 2 units at rear (STCA)
Secure investment retail premises located on Waverley Road.
Site Area: 278 sqm2 approx.
Zoning: Commercial Zone 1
Lease Term: Five (5) Years
Lease Option: Five (5) Years
Tenant: Espera Trading Pty Ltd
Use of Premises: News Agency, Post Office, Tattslotto
Commencement Date: 1st January 2019
Rent: $30,035.56 per annum
Rent Increase: Annual from commencement date at the
rate of consumer price index (CPI)
Outgoings: Tenant pays 100% of outgoings (excluding
Land Tax)
NB: if the tenant exercises the option, the entire tenancy finishes on 1st January, 2029
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 12,927 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:
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