BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Secure Mixed-Use Income Stream\nLemon Baxter is pleased to pre sent 518 Malvern Road\, Prahran a fully leased\, mixed-use freehold loca ted within the tightly held Hawksburn Village retail precinct along Malve rn Road.\n\nThe property comprises two independent income-producing tenan cies: a ground floor retail shop occupied by Fedele Jewelworks an establ ished jeweller with approximately 20 years of continuous tenure and a fi rst floor residential apartment. Together\, the two tenancies deliver a n et passing income of $84\,420 p.a. *\, underpinned by a freshly renewed t hree-year commercial lease with fixed 4% annual rent reviews through to A pril 2029.\n\nKey investment attributes:\n- Dual income stream (retail + residential)\n- Strong underlying land value in a tightly held strip reta il location\n- Long-standing retail tenant providing income stability\n- Built-in rental growth via fixed annual increases\n- Flexibility through residential tenancy and future repositioning potential\n- Rear car parkin g included\n- Surrounded by Chapel Street\, Prahran Market and premium in ner-south amenity\n\nThe Malvern Road retail strip is one of inner Melbou rne's most enduring and tightly held lifestyle corridors\, underpinned by a dense and affluent residential population and consistent long-term occ upier demand. Opportunities to secure mixed-use freeholds of this nature within the precinct are rare.\n\nOffered for sale via Expressions of Inte rest closing Wednesday\, 3 June 2026 at 12PM (AEST).\n\nContact our exclu sive selling agents below for more information. \n\n*Approximately DTEND:20260603T120000 DTSTAMP:20260504T081735Z DTSTART:20260603T120000 SEQUENCE:0 SUMMARY:Expression Of Interest: 518 Malvern Road\, Prahran VIC UID:CRE-2020812358-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Secure Mixed-Use Income Stream
Lemon Baxter is pleased to present 518 Malvern Road\, Prahran a fully leased\, mixed-use freehold located within the tightly held Hawksburn Vil lage retail precinct along Malvern Road.

The property compri ses two independent income-producing tenancies: a ground floor retail sho p occupied by Fedele Jewelworks an established jeweller with approximate ly 20 years of continuous tenure and a first floor residential apartment . Together\, the two tenancies deliver a net passing income of $84\,420 p .a. *\, underpinned by a freshly renewed three-year commercial lease with fixed 4% annual rent reviews through to April 2029.

Key inv estment attributes:
- Dual income stream (retail + residential)
- Strong underlying land value in a tightly held strip retail location
- Long-standing retail tenant providing income stability
- B uilt-in rental growth via fixed annual increases
- Flexibility thro ugh residential tenancy and future repositioning potential
- Rear c ar parking included
- Surrounded by Chapel Street\, Prahran Market and premium inner-south amenity

The Malvern Road retail stri p is one of inner Melbourne's most enduring and tightly held lifestyle co rridors\, underpinned by a dense and affluent residential population and consistent long-term occupier demand. Opportunities to secure mixed-use f reeholds of this nature within the precinct are rare.

Offere d for sale via Expressions of Interest closing Wednesday\, 3 June 2026 at 12PM (AEST).

Contact our exclusive selling agents below for more information.

*Approximately

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