MALVERN

1343-1349 Malvern Road, MALVERN VIC 3144

CORNER THE MARKET - OFFICE WITH SIGNIFICANT DEVELOPMENT POTENTIAL

GormanKelly are pleased to offer 1343-1349 Malvern Road, Malvern for sale by Expressions of Interest closing Wednesday 22nd May at 2pm.

We believe the most outstanding aspects of this property include:
- Two level standalone office of 829sqm* with 20 rear onsite car-spaces
- High exposure corner site of 892sqm* / Zoned Commercial 1
- Combined frontage of 61m* to Malvern Road and Meredith Street and rear access via a laneway
- Currently returning $261,596* gross per annum plus GST
- Estimated Fully Let Income $352,400* gross per annum plus GST
- Occupy, refurbish or redevelop (STCA)
- Highly sought after and desirable location in-between Glenferrie Road and Tooronga Road, only 1.3km* from High Street, Armadale and the Glenferrie Road, Malvern retail strip.
- Well connected by public transport: 600m* from Tooronga Train Station, the #72 tram on Malvern Road, and the #624 bus service along Tooronga Road.
- Easy access to the Monash / CityLink and major arterials including Tooronga Road, Burke Road, Wattletree Road, Toorak Road and High Street.