SOLD
Sold on 27 Feb 2024 for $1,650,000

41-43 Station Street
Malvern VIC 3144

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 281m2
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Property Details for 41-43 Station St, Malvern

Building Type
Commercial
Land Size
281m2
Local Government
Stonnington
Lot/Plan
1/TP298022

Last Listing description (July 2020)

A substantial landholding of 278sqm* with prime 8m* double retail frontage to Station Street with rear lane access via Chandlers Road

Providing short term holding income of $55,000 + GST + Outgoings


Commercial 1 zone offering flexibility for owner occupiers/investors and
developers (STCA)

Development potential to create an award winning mixed use project (STCA)

Positioned within the strong trading Station Street/Glenferrie Road retail precinct, bolstered by Malvern Central, supermarkets, national retailers, surrounding schools and public transport (Malvern Train Station) at your doorstep

First time offered in 34 years

Located within one of Melbourne's most tightly held and affluent retail and residential suburbs

For further information or to schedule an inspection please call Benjamin Klein on 0433 047 000 or Dean Sirianni on 0400 446 186

Property History for 41-43 Station St, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$1,650,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $1,650,000
  • 17 Jun 2020
    Listed for Sale Price Indication - Contact Agent
  • 01 Mar 1984
    Sold for $87,500
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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 6,509 properties. Over the last 5 years, Houses in Malvern have seen a 11.02% increase in median value, while Units have seen a 1.69% increase. As at 31 October 2024:

  • The median value for Houses in Malvern is $3,042,352 while the median value for Units is $738,942.
  • Houses have a median rent of $1,000 while Units have a median rent of $550.
There are currently 31 properties listed for sale, and 7 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Malvern.

Suburb Insights for Malvern 3144

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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.