Comprises large two level prominent showroom building formally occupied by Clive Peters suitable for a variety of uses including retail or office. Internal accommodation is open plan with stair case connecting the floors and amenities to each level. The building provides basement parking for 14 cars, disabled entry and has recently undergone a refurbishment. There is excellent natural light to the front and rear of the building and would suit a variety of different uses.
The immediate area has undergone a transition in recent times and this section of Malvern Road is witnessing redevelopment of sites into mixed use residential projects. Therefore we believe one of the positive attributes of 1287 Malvern Road is its development upside.
The property is located approximately 10km* east of the Melbourne CBD within the municipality of the Stonnington City Council. Malvern Road is a major arterial road that runs in from Prahran to Malvern East.
Malvern Road, Malvern is an established retail strip, strongly serviced by the surrounding dense residential neighbourhood and thoroughfare of traffic. The suburb of Malvern is supported by typically affluent residents with high disposable incomes. The strip comprises of mostly restaurants, boutiques and specialty stores.
Furthermore the property provides easy access to the Monash Freeway (Citylink) and is well supported by public transport with trams running along Malvern Road and Tooronga & Gardiner Train stations only a short walk away.
* Subject to council approval
