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Malvern East VIC 3145

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Commercial Opportunity

This magnificent piece of gem sitting on waaverly road in Malvern east surrounded with all the local ameneties schools, local shops and Chadstone shopping centre.
It has 2 bedrooms upstairs which is also rented to the tenants.
Currently been leased out for $59,400 annually.
Great return and poential to build multilevel with subject to council approval.
Call or email today to secure this commercial opprtunity.
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Property Details for Contact Agent For Address, Malvern East

Building Type
Land

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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 12,621 properties.

    There are currently 50 properties listed for sale, and 18 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Malvern east.

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    Sean Singh
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