5-7 Waverley RoadMalvern East VIC 3145
Property Details for 5-7 Waverley Rd, Malvern East
Last Listing description (August 2016)
SUPER INVESTMENT SUPER LOCATION
An golden Investment opportunity you dont want to miss.
Successful retail investment at Prime location on Waverley Road, Commercial Zone 1 position, beautiful shop setting with facilities nearby.
Next to Caulfield Plaza & Caulfield Train and Tram Station
5 minutes walk to Caulfield Racecourse
Land area 336m2 (approx)
Building Size 220m2 (approx)
4 parking spots at rear
Long term lease 5+5+5+5 from Mar 2012
Current Rental $111,009 + GST + O/G p.a
CPI increase annually
Market Review at next year March
Commercial zone 1
Potential for future development (STCA)
AUCTION at Wednesday 8th June at 12:00pm
Open for Inspection:
18th May 2016 (Wednesday) 11:30am-12:00pm
For more information on property, please call or email:
Kim Ke on 0413 884 497
or email: kim@ncre.com.au
New Century Real Estate
1/26 Rutland Road, Box Hill VIC
Tel: 03 9898 2874
www.ncre.com.au
Property History for 5-7 Waverley Rd, Malvern East, VIC 3145
- 25 May 2016Sold for $2,039,800
- 29 Apr 2016Listed for Sale Price on Application
- 09 Dec 2011Sold for $1,650,000
Recent sales nearby
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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 12,924 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.
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