Gorman Allard Shelton is pleased to present for lease, 481 Malvern Road, South Yarra.
This is an exceptional opportunity. The shop is light, bright and tidy - ready to occupy.
Key features of this opportunity include:
* NLA: 120sqm (approx.)
* Kitchenette
* Bathroom amenity on both levels
* Heating and cooling throughout
* Access to rear of property and on-site parking via McKillop Street
* Additional secure storage on-site
This well positioned shop is located near the intersection of Malvern Road and Williams Road, metres away from the Hawksburn Shopping Village. It provides excellent lifestyle amenity, including Peter Bouchier Butchers, Toscano's of Toorak, Baker Bleu and Mabel's Cafe. National brands also feature nearby with the likes of Woolworths and BWS. The area enjoys good public transport that includes Route 72 Tram.
Please contact the exclusively appointed agent today to arrange an inspection.
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,710 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
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