1489 Malvern RoadGlen Iris VIC 3146
Property Details for 1489 Malvern Rd, Glen Iris
Last Listing description (August 2021)
*** LEASED ***
Ideally located in the leafy suburb of Malvern, on the northern side of Malvern Road, between Tooronga Road and Creswick Street. This section of Malvern Road is well known for its mixture of service retail businesses, cafes, and showrooms. Access to public transport at your doorstep (72 tram line) and a short distance to Tooronga Railway Station.
Entering through a restored 1920s shopfront, the first-time visitor will be astounded when this purpose-built, modern 260sqm approx art gallery is revealed. Comprising a double-storey 6m high atrium style gallery at the front and a two-level open rear that operates as 2 special purpose gallery spaces and office.
This fully fitted gallery has state-of-the-art programable lighting, motorised ventilation systems, heating, and air conditioning as well as an integrated sound system, security, and art storage racks. Other features include image projectors for video art and floor boxes to provide power for art installations.
In addition, a fully fitted kitchenette makes this space perfect for hosting client functions.
This is a unique opportunity for an Art Gallery/Showroom/Office operator to secure an existing premise or would suit an upcoming artist to set up in this prize location.
Property History for 1489 Malvern Rd, Glen Iris, VIC 3146
- 21 Feb 2020Listed for Rent - Price not available
- 17 Oct 2017Listed for Sale $449,000
Recent sales nearby
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About Glen Iris 3146
The size of Glen Iris is approximately 8.0 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2016 was 25268 people. By 2021 the population was 26131 showing a population growth of 3.4% in the area during that time. The predominant age group in Glen Iris is 50-59 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation.In 2021, 70.00% of the homes in Glen Iris were owner-occupied compared with 68.00% in 2016.
Glen Iris has 13,481 properties. Over the last 5 years, Houses in Glen Iris have seen a 12.70% increase in median value, while Units have seen a 7.95% increase. As at 28 February 2026:
- The median value for Houses in Glen Iris is $2,446,550 while the median value for Units is $761,695.
- Houses have a median rent of $900 while Units have a median rent of $583.
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