SOLD
Sold on 22 Aug 2024 for $18,075,000

1 Como Street
Malvern VIC 3144

Bedrooms: -
Bathrooms: -
Car spaces: 38
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Property Details for 1 Como St, Malvern

Building Type
Commercial
Year Built
1970
Local Government
Stonnington
Lot/Plan
CP168684

Last Listing description (December 2023)

Brand New, State-Of-The-Art Office Investment

Cushman Wakefield Melbco Middle Markets is pleased to present an incredibly unique opportunity to purchase a brand new, state-of-the-art office building at 1 Como Street, Malvern with the following key attributes:

- A brand new, meticulous office building designed by award winning architect Gray Puksand.
- Seven (7) levels of office and retail accommodation with a total NLA of 3,537sqm* and GBA of 7,026sqm*.

- Flexible, light-filled floorplates ranging from 397sqm* to 714sqm* that benefit from a central lift core, floor to ceiling glass and incredible natural light and views.
- Positioned in the heart of Malvern, one of Melbourne's most affluent suburbs recognised for its' exceptional retail, hospitality and lifestyle amenity in addition to its' prized residential homes.
- Convenient drive-in basement car parking for 38 vehicles.
- Modern end of trip facilities including private male and female showers and change rooms, lockers and bicycle storage.
- Uninterrupted 360-degree panoramic views of the Melbourne CBD, Dandenong Ranges and Port Phillip Bay.
- Strong building amenity with two ground floor retail tenancies and rooftop that boasts some of Melbourne best views.
- On the doorstep to the bustling Glenferrie Road shopping strip and with nearby proximity to Malvern Central Shopping Centre (200m*) and Malvern Train Station (240m*).

*approx.

For Sale by International Expressions of Interest closing Wednesday 15 November 2023 at 12:00pm AEDT

To arrange an inspection or for more information please contact Cushman & Wakefield Melbco as the exclusive selling agents.

Daniel Wolman | +61 412 957 839
Oliver Hay | +61 419 528 540
George Davies | +61 421 799 489

Asia Capital Services
Leon Ma | +61 417 070 725

Property History for 1 Como St, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$18,075,000
22 Aug 2024
  • 06 Oct 2023
    Listed for Sale Contact Melbco Middle Markets today
  • 16 Mar 2022
    Listed for Rent - Price not available
  • 09 Jun 2018
    Listed for Sale FROM $699,500 - $1,305,000

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About Malvern 3144

The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Malvern in 2011 was 9,502 people. By 2016 the population was 10,071 showing a population growth of 6.0% in the area during that time. The predominant age group in Malvern is 20-29 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, 67.9% of the homes in Malvern were owner-occupied compared with 66.7% in 2016.

Malvern has 6,577 properties. Over the last 5 years, Houses in Malvern have seen a 11.39% increase in median value, while Units have seen a 2.46% increase. As at 30 November 2024:

  • The median value for Houses in Malvern is $3,120,725 while the median value for Units is $764,651.
  • Houses have a median rent of $1,000 while Units have a median rent of $550.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Malvern.

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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.