499 Malvern RoadSouth Yarra VIC 3141
Property Details for 499 Malvern Rd, South Yarra
Last Listing description (May 2023)
Knight Frank is proud to offer a fantastic retail space for sale/lease in the iconic "Hawksburn Corner".
Located in the heart of the thriving retail strip of Malvern Road, the space boasts a prime location next to one of the areas busiest cafe's and close proximity to restaurants, supermarkets and many other speciality stores.
The shop is situated close to the intersection of Malvern and Williams Road, with public transport such as bus routes and the tram line at your doorstep.
Positioned close to some of Melbourne's most beautiful homes in Toorak, South Yarra and Prahran, this shop offers any new tenant/buyer an opportunity to create a business in a well-established and affluent location.
The space has been fully refurbished and has a modern new fit out and is a perfect opportunity for any tenant/buyer to showcase their business in a boutique retail strip.
- Building area of 55 sqm*
- Ideal for beauty, glamour, fashion and service
- Modern new fit out
- Kitchenette & amenities
- Ready to occupy now
- High ceiling
- Great natural light
*Indicates approximate
Property History for 499 Malvern Rd, South Yarra, VIC 3141
- 08 Dec 2023Sold for $869,401
- 01 Feb 2023Listed for Sale Contact Agent
- 01 Jul 2022Listed for Rent - Price not available
Recent sales nearby
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About South Yarra 3141
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:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
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