FOR SALE
$1,600,000 - $1,750,000

1/801 Dandenong Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 217m2
Land area: 217m2
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Ground Floor In an amazing Location Lease or Sale

Lease or Sale,
This grand floor commercial property is the ideal choice for business owners and investors, offering great potential for a wide range of businesses/functions. It is situated in the premium suburb of Malvern East in the southeast of Melbourne, right on the side of Dandenong Rd, at a corner position. It is only 10 kms, a 20-minute drive from the CBD. Within a 3-minute walk, you can reach tram stations 3 & 3a, and within 6 minutes, you can access Caufield train station. Not to mention, Monash University's Caulfield campus is also close.
There are nearby amenities such as a petrol station and a gym, as well as plenty of parking spaces available. With numerous apartment buildings in the vicinity, the business can attract a substantial number of potential customers.
This brand-new shop features over 20 meters of floor-to-ceiling windows facing the street, providing ample exposure. The internal area measures 217 square meters and comes with restroom/bathroom facilities. Additionally, it includes two underground parking spaces. With its versatile features, it presents a unique opportunity for various business ventures and investment opportunities: retail, catering, consulting, display, office, and more…
Rent $65k/year.

Property Details for 1/801 Dandenong Rd, Malvern East

Building Type
Commercial
Floor Size
217m2
Land Size
217m2

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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 12,696 properties. Over the last 5 years, Houses in Malvern East have seen a 17.22% increase in median value, while Units have seen a 6.53% increase. As at 30 November 2024:

  • The median value for Houses in Malvern East is $2,309,122 while the median value for Units is $650,605.
  • Houses have a median rent of $775 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 25 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Malvern east.

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