875 Dandenong RoadMalvern East VIC 3145
Property Details for 875 Dandenong Rd, Malvern East
875 Dandenong Rd, Malvern East is a 1 bedroom, 1 bathroom Unit with 8 parking spaces and was built in 2016. The property has a land size of 878m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (October 2018)
Ray White Commercial is delighted to present to the market a fantastic investment opportunity located in the heart of popular Malvern East.
Both properties have been recently leased to one prime tenant with further options until 2027!
Property Details:
Currently returning | $72,100 p/a net
5 + 5 Year Lease commenced June 2017
Over 18m of Prime Exposure to Dandenong Rd
Fixed annual increases of 3%
Two (2) undercover on-site car spaces
Commercial 1 Zone (C1Z)
Located on busy Dandenong Road and at the top of Derby Street, these properties benefit from immense exposure and are situated amongst an array of recognised businesses such as Dan Murphy's, Coles Supermarket, Zagames plus the Iconic Chadstone Shopping Centre less than 4kms away. Malvern East is one of Melbourne's most highly sought after South-Eastern suburbs which makes this investment all the more viable.
The properties are serviced with an abundance of Public Transport consisting of the 3 & 3a Tram travelling from Melbourne University to Malvern East stopping across the road as well as Buses & Trains stopping frequently approximately 100 metres away at Caulfield Train Station.
Terms | 10% deposit and balance due 60 days thereafter.
For further information or to arrange an on-site inspection, please contact one of the exclusive marketing agents:
Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035
Property History for 875 Dandenong Rd, Malvern East, VIC 3145
- 24 Aug 2018Sold for $728,000
- 04 Jul 2018Listed for Sale UNDER OFFER
- 02 Nov 2016Sold for $525,000
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 12,922 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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