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1448-1450 Malvern Road
Glen Iris VIC 3146
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Fitzroys Pty Ltd

1448-1450 Malvern Road Glen Iris VIC 3146

  • Shop & Retail
  • 290 m²
  • For Sale, Contact Agent

Double Up On Malvern Road

  • Desirable Inner Eastern Location
  • Existing Holding Income
  • Value Add Opportunity (STPA)

Fitzroys offer for sale a flexible freehold opportunity located at 1448-1450 Malvern Road, Glen Iris.

This rare offering is positioned within one of Melbourne's most tightly held and highly sought after inner eastern suburbs, boasting:

- Exceptional location with immediate access to major arterials, public transport, retail and recreational options
- Rectangular shaped land parcel of 543sqm* with 11.9m frontage to Malvern Road and Bellman Lane to rear.
- 2 separate commercial tenancies totaling 290sqm*
- Current Income $126,894* per annum
- Zoned Commercial 1
- Situated near the intersection of Tooronga Road and within easy access to Citylink and supported by a strong demographic
- Invest, occupy or value add (stpa)
- The property is well positioned on Malvern Road and within a highly desirable location with a strong residential and commercial catchment. The current lease profiles provide an opportunity to occupier's, investors and value add buyers to reposition, and value add to the offering (stpa).

*approx.

Property Highlights

Floor Area290 m²
Land Area543 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017737734
Category
Last updated  9 Feb 2024
Map for 1448-1450 Malvern Road Glen Iris VIC 3146

Property Highlights

Floor Area290 m²
Land Area543 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017737734
Category
Last updated  9 Feb 2024

Co-Agents

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1448-1450 malvern road,glen iris, VIC 3146
290 m²
Shop & Retail