588 Malvern RoadPrahran VIC 3181
Property Details for 588 Malvern Rd, Prahran
Last Listing description (October 2023)
Belle Property Commercial is pleased to offer 588 Malvern Road, Prahran for lease.
Beautifully appointed retail shop located in the popular Malvern Road shopping strip.
Key Features:
- Set amongst a vibrant tenancy mix with many upmarket fashion retailers, cafes and high-end food providers
- Opposite popular Woolworths Supermarket
- Tram and buses at your front door and Hawksburn Train Station nearby
- Kitchenette and bathroom amenities
- Ideally suited for office/retail
- May suit a variety of uses (STCA)
Inspections by appointment.
For more information please get in touch with the leasing and marketing agent:
Tamara Gross 0411 748 538
tamara.gross@belleproperty.com
*Approx.
Property History for 588 Malvern Rd, Prahran, VIC 3181
- 28 Sep 2023Sold for $1,920,000
- 24 Aug 2023Listed for Rent - Price not available
- 03 Apr 2019Listed for Rent - Price not available
Recent sales nearby
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About Prahran 3181
The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2016 was 12982 people. By 2021 the population was 12203 showing a population decline of 6.0% in the area during that time. The predominant age group in Prahran is 30-39 years. Households in Prahran are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Prahran work in a professional occupation.In 2021, 43.60% of the homes in Prahran were owner-occupied compared with 39.30% in 2016.
Prahran has 10,913 properties. Over the last 5 years, Houses in Prahran have seen a 5.90% increase in median value, while Units have seen a 8.76% increase. As at 31 January 2026:
- The median value for Houses in Prahran is $1,686,435 while the median value for Units is $551,023.
- Houses have a median rent of $780 while Units have a median rent of $560.
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