SOLD
Sold on 10 Nov 2023 for $9,999,999

1/259-269 Unley Road
Malvern SA 5061

Bedrooms: -
Bathrooms: -
Car spaces: 53
Floor area: 1907m2
Land area: 3397m2
Save

Property Details for 1/259-269 Unley Rd, Malvern

Building Type
Commercial
Year Built
1980
Floor Size
1907m2
Land Size
3397m2
Local Government
Unley
Lot/Plan
A4/F102954

Last Listing description (August 2017)

RARE OPPORTUNITY TO RELOCATE OR ESTABLISH A RETAIL/OR FOOD RELATED
TAKE-A-AWAY BUSINESS WITHIN A TIGHTLY HELD 7 DAY CENTRE.

THE PREMISES ARE CURRENTLY OCCUPIED BY SUBWAY AND ENJOY OUTSTANDING EXPOSURE TO A HIGH VOLUME OF PASSING TRAFFIC BEING SITUATED TO UNLEY ROAD FRONTAGE OF THE COMPLEX.
Premises:
The area available is known as Tenancy 1, as boarded in yellow on attached site plan, with a NLA of 87.60 SQM with tremendous business identification signage opportunities. The premises have been in continued food use for the past 20 years, and will be available for letting to an approved business operation from August 17, or possibly sooner. Other Food Related Businesses within the Centre, include Dominos Pizza, Savas Yiros. Zambrero, Baskin & Robbins, Charcoal Chicken, Indian Restaurant & Take-away, Pasta Go Go, Wokinabox, Sushi, Bakery. The premises are let exclusive of existing Tenants shop fittings, plant + equipment. Rental sought is $61,000.00 PA + GST + Outgoings and a minimum initial lease term of 4 years is essential.

Property History for 1/259-269 Unley Rd, Malvern, SA 5061

A timeline of how this property has performed in the market
Last Sold
$9,999,999
10 Nov 2023
Listed for Rent
$1.17k/w
07 Aug 2017
  • 10 Nov 2023
    Sold for $9,999,999
  • 05 May 2023
    Sold for $9,000,000
  • 10 Jul 2017
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Malvern 5061

The size of Malvern is approximately 1.1 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Malvern in 2011 was 2,577 people. By 2016 the population was 2,568 showing a population decline of 0.3% in the area during that time. The predominant age group in Malvern is 60-69 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation. In 2011, 78.1% of the homes in Malvern were owner-occupied compared with 80.5% in 2016.

Malvern has 1,214 properties. Over the last 5 years, Houses in Malvern have seen a 73.65% increase in median value, while Units have seen a 56.17% increase. As at 31 July 2024:

  • The median value for Houses in Malvern is $2,089,676 while the median value for Units is $693,889.
  • Houses have a median rent of $725 while Units have a median rent of $458.
There are currently 4 properties listed for sale, and no properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Malvern.

Suburb Insights for Malvern 5061

Market Insights
Malvern Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Malvern Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.