Malvern East Median PriceThe Unit price is 3% lower than last year. Surrounding suburbsAshburton | $1,976,000 | Ashwood | $1,509,000 | Carnegie | $1,464,300 | Caulfield North | $1,827,100 | Chadstone | $1,276,400 | Glen Iris | $2,079,300 | Hughesdale | $1,305,600 | Malvern | $2,251,400 | Murrumbeena | $1,653,400 | Oakleigh | $1,443,800 |
| A752 Waverley Road, Malvern East | Sold $614,250 in Jun 2012 [Rectify] | Last Sold $199,950 in May 2001 | Commercial Property | Land size: 227 sqm [Measure] | Distance: 13.4 km to CBD; 639 metres to Holmesglen Station [Transport] |
|
| Neighbour Photos |
Map | Nearby prices | Property Description: | Affordable Exposure With Potential ??? Exceptional exposure to Waverley Road, Warrigal Road and immediate access to Monash Freeway ??? Significant development opportunity (STCA) ??? Vacant Possession ??? Land area of 225 sqm (approx.) ??? Building area of 185 sqm (approx) ??? Rear access & car parking This two storey shop/office/residence is situated on the corner of Warrigal Road; providing significant exposure to both Warrigal and Waverley Roads. The property is well suited to owner occupiers looking for business exposure, investors searching for an affordable, freehold property and developers on the lookout for a value add opportunity in a highly sought after location. The property is being offered with vacant possession and currently features ground level retail shop and offices whilst on the first level there is further office accommodation and a residence. On some 225m2 (approx.), 752 Waverley Road benefits from excess land which acts as ample car parking and is accessible via a rear Right of Way. The well-established surrounding residential areas underpinned by the ever expanding Chadstone Shopping Centre only 1 km to the South, this location and property in particular is sure to benefit from future capital growth. With an owner keen to sell, this opportunity should not be missed. Lot/Plan No: 507/LP10246 | Search neighbour's planning permit | Property report from Government |
| | |