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297 Wattletree Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 221m2
Land area: 394m2
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Future Malvern East Owner Occupier Opportunity

IN EXCESS OF 8.5M* FRONTAGE TO WATTLETREE ROAD
DBRE in conjunction with Gorman Commercial are proud to present this outstanding property offering rare flexibility & remarkable potential in the tightly-held Wattletree Village precinct. This substantial shopfront is ready to adapt to the needs of investors & owner-occupiers alike. Set at the centre of this tightly-held Eastern-suburban retail strip, this blue-chip shopfront is Commercial Zone 1 and a future driven by low-vacancy rates & potential development upside.
• Leased to Taco Bill until 10 April 2026 with no further options.
• Taco Bills has been in occupation for 35 years.
• Current rental $69,365.04pa + outgoings
• 221sqm* building area
• 8.5m* frontage
• 394 sqm* site area
• Car parks on sealed apron - access from rear ROW
• Commercial kitchen with adjacent cool room
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Property Details for 297 Wattletree Rd, Malvern East

Building Type
Commercial
Floor Size
221m2
Land Size
394m2

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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 33 properties listed for sale, and 25 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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James Davie
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Andrew Mclaren
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DBRE - Moorabbin
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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.