41-43 Station StreetMalvern VIC 3144
Property Details for 41-43 Station St, Malvern
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
- 27 Feb 2024Sold for $1,650,000
- 17 Jun 2020Listed for Sale Price Indication - Contact Agent
- 01 Mar 1984Sold 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 6,531 properties. Over the last 5 years, Houses in Malvern have seen a 15.59% increase in median value, while Units have seen a 4.88% increase. As at 30 September 2024:
- The median value for Houses in Malvern is $2,971,948 while the median value for Units is $748,247.
- Houses have a median rent of $1,050 while Units have a median rent of $550.
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