SOLD
Sold on 20 Dec 2023 for $6,750,000

84 Glenferrie Road
Malvern VIC 3144

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 503m2
Improve this data
Share
Save

Property Details for 84 Glenferrie Rd, Malvern

Building Type
Commercial
Land Size
503m2
Local Government
Stonnington
Lot/Plan
1/TP893404

Last Listing description (April 2023)

Colliers are delighted to offer a trophy asset with upside, on Malvern's premier corner on Glenferrie & Wattletree Roads for private sale.

This blue-chip, high-profile corner provides a rare opportunity to investors, owner occupiers and developers alike, seeking to purchase one of the best corners in suburban Melbourne.


Key Features include:
-Vacant possession allowing endless flexibility
-Value-add upside with Commercial 1 zoning and significant demand for new retail, commercial office and/or residential development
-Three frontages featuring approximately 50 metres of frontage to Glenferrie & Wattletree Roads
-Previously occupied by the National Australia Bank for over 100 years*
-Existing improvements of approximately 590m* provide potential for variety of uses (retail, office and/or residential)
-Surrounded by a plethora of high profile, national tenants including David Jones, Woolworths, Coles, Chemist Warehouse, ANZ, Commonwealth Bank and NAB.
-Strong catchment of high disposable income residents as well as employees and students from nearby Cabrini Hospital and Monash University Caulfield Campus

*Approximately

Show More

Property History for 84 Glenferrie Rd, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$6,750,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $6,750,000
  • 13 Oct 2022
    Listed for Sale Please contact agent

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 6,528 properties. Over the last 5 years, Houses in Malvern have seen a 19.63% increase in median value, while Units have seen a 2.66% increase. As at 31 July 2024:

  • The median value for Houses in Malvern is $2,932,731 while the median value for Units is $716,906.
  • Houses have a median rent of $1,075 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Malvern.

Malvern Profile Page

Suburb Insights for Malvern 3144

Visit Malvern profile page
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
Visit Malvern profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED