OFF MARKET

183A Waverley Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 73m2
Land area: 110m2
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Property Details for 183a Waverley Rd, Malvern East

Building Type
Commercial
Floor Size
73m2
Land Size
110m2
Local Government
Stonnington
Lot/Plan
2/RP14799

Last Listing description (August 2024)

RWC (Oakleigh) is pleased to offer a prime retail or office space with unrivaled exposure and potential, situated at 183A Waverley Road, Malvern East.

Positioned strategically on bustling Waverley Road, this property boasts a top-tier location directly in front of a pedestrian crossing.

This versatile space presents a lucrative opportunity for businesses looking to establish themselves in a thriving locale. Whether it's retail, food, or office (STCA), this property can accommodate a diverse range of uses due to its attractive Commercial 1 Zone (C1Z).

Key property features:

Top location in front of pedestrian crossing
Total building area | 72m2*
Rear access with on-site parking for 2 cars (security bollards just installed)
Properties features internal toilet and kitchenette
Suitable for retail, office and food business (STCA)

Inspections can be conducted on-site by private booking. Please contact one of the exclusive agents below to arrange a suitable time.

Ryan Amler | 0401 971 622
George Ganavas| 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 183a Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Listed for Rent
$479/w
19 Feb 2024
  • 05 Jun 2024
    Listed for Rent - Price not available
  • 07 Aug 2015
    Listed for Rent $26,004 / year
  • 27 Jul 2012
    Listed for Rent $22,900 / year
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About Malvern East 3145

The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of total area. The population of Malvern East in 2011 was 20,066 people. By 2016 the population was 21,713 showing a population growth of 8.2% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation. In 2011, 68% of the homes in Malvern East were owner-occupied compared with 64.9% in 2016.

Malvern East has 12,619 properties. Over the last 5 years, Houses in Malvern East have seen a 17.83% increase in median value, while Units have seen a 4.48% increase. As at 31 July 2024:

  • The median value for Houses in Malvern East is $2,159,190 while the median value for Units is $662,277.
  • Houses have a median rent of $800 while Units have a median rent of $495.
There are currently 50 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.