618 Warrigal RoadMalvern East VIC 3145
Property Details for 618 Warrigal Rd, Malvern East
Last Listing description (March 2026)
Completed in 2022, this premium apartment block presents an outstanding opportunity to acquire a substantial investment with exceptional future upside. Offering significant depreciation benefits, diversified income streams, and a rare scale in this tightly held pocket, this property is well-positioned to appeal to both long-term investors and strategic buyers.
Key Highlights
13 x fully completed 1 & 2 bedroom apartments on one title with the ability to strata and sell down in the future (STCA)
Flexible income streams: currently leased on 12-month residential tenancies with potential for higher returns via Airbnb (proven track record)
Ground floor retail component securely leased on a 5-year term to 2027, with further options to 2032
Projected Net Income: $417,071 pa* + GST
Draft strata plan prepared, providing multiple future exit strategies (STCA)
Superb connectivity: 600m* to Monash Freeway, opposite Chadstone Lifestyle Mega Store, 1.1km* to Chadstone Shopping Centre - Australia's largest and most renowned retail destination
Excellent public transport links: Holmesglen Train Station and major bus routes nearby
Surrounded by a broad range of amenities including Holmesglen Institute, Glen Iris Private Hospital, Malvern Valley Golf Club, and local parks and reserves
Location Advantage
Situated within Malvern East, one of Melbourne's most sought-after residential and investment markets
Median house price: $2,125,000* | Median 2-bedroom apartment: $633,500*
Part of the City of Stonnington, a premier metropolitan municipality boasting a Gross Regional Product of $10.13 billion*
Investment Rationale
A rare tactical acquisition offering both immediate income security and outstanding future upside. Options include:
Long-term income investment
Strata subdivision and sell-down (STCA)
Active asset management with short-stay/Airbnb strategy
This is a rare opportunity to secure a premium mixed-use asset in a true blue-chip location.
Contact us today to request the Information Memorandum.
Property History for 618 Warrigal Rd, Malvern East, VIC 3145
- 24 Mar 2026Listed for Sale FOR SALE
- 09 Dec 2025Listed for Sale FOR SALE
- 04 Sep 2025Listed for Sale Contact Agent
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 12,921 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.
Suburb Insights for Malvern East 3145
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