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CBA Malvern 142-144 Glenferrie Road
Malvern VIC 3144
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Sold on 24 Aug 2022

CBA Malvern 142-144 Glenferrie Road Malvern VIC 3144

  • Shop & Retail
  • 702 m²
  • Sold

CBA Malvern

  • Secured by Top ASX Listed Covenant
  • Incredibly Rare Net Lease to CBA
  • First Time Offered in Over 100 Years

Colliers is please to exclusively present CBA Malvern for sale.

CBA Malvern is an inter-generational freestanding trophy investment, boasting an incredibly rare net lease structure with fixed annual rental growth, unprecedented development upside and located in one of Melbourne's most prestigious suburbs.

Located at the epicentre of one of Melbourne's premier retail precincts Glenferrie Road, within the affluent suburb of Malvern with a median house price of $3.85 million, 71% higher than metropolitan Melbourne and household incomes 40.6% above metropolitan Melbourne averages.

Malvern is underpinned by Melbourne's elite private schools, luxury retailers and significant transport infrastructure, only 8km southeast of the Melbourne CBD.

Key Investment Highlights:
- Commonwealth Bank of Australia - Top 20 ASX Listed Company
- Rare Net Lease to CBA with Fixed 4.0% Increases
- Landmark Corner Glenferrie Road Location
- First Floor Tenant Renewed to September 2025 with 3.5% Annual increases
- Exceptional Development Upside with Commercial 1 Zoning & Flexible 14.5 Metre Height Allowance

* All figures referenced herein are approximate only. Property outline indicative only.

For further information, please contact the exclusive marketing agents.

Property Highlights

Date Sold24 Aug 2022
Floor Area702 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017909949
Category
Last updated  29 May 2023
Map for CBA Malvern 142-144 Glenferrie Road Malvern VIC 3144

Property Highlights

Date Sold24 Aug 2022
Floor Area702 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017909949
Category
Last updated  29 May 2023

Listed by

Tim McIntosh
Colliers International Melbourne
Call
0488 320 063

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