SOLD
Sold on 18 Oct 2024 for $1,155,000

442 Malvern Road
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 846m2
Sold By
Tsimos Commercial Real Estate
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Property Details for 442 Malvern Rd, Prahran

Building Type
Commercial
Year Built
2022
Floor Size
128m2
Land Size
846m2
Local Government
Stonnington
Lot/Plan
1R/PS835652

Last Listing description (October 2023)

Gorman Allard Shelton and MMJ Real Estate are proud to present to the market for Lease, Level 1, 442-446 Malvern Road, South Yarra.

The building, Soho, was designed and developed by Telha Clarke Architects and First Melbourne Development Group.

The Level 1 tenancy spans the full width of the building and benefits from an abundance of natural light from the northerly aspect. Operable doors to a Juliet balcony allow air to filter into the tenancy.

Key features of this opportunity include:

* NLA: 280sqm (approx.)
* Opportunity to split tenancy
* Six (6) secure basement car parks
* Provisions for exclusive use amenities
* On the doorstep of Hawksburn Village

Soho finds itself strategically positioned on the door step of the prominent Hawksburn Village. The village provides excellent lifestyle amenity including Peter Bouchier Butchers, Toscano's of Toorak, Baker Bleu and Mabel's Cafe. National brands also feature nearby with the likes of Woolworths and Volvo. This locale is well serviced by public transport and includes the route 72 Tram. Access to Williams Road allows easy access to eastern suburbs and Dandenong Highway.

To receive further details or arrange an inspection, please contact the exclusively appointed agents named below.

Property History for 442 Malvern Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,155,000
18 Oct 2024
Listed for Rent
$115k/w
17 Oct 2023
  • 18 Oct 2024
    Sold for $1,155,000
  • 02 May 2023
    Listed for Rent - Price not available
  • 24 Feb 2023
    Listed for Sale $1,245,000
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,555 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 501 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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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.