Double Up On Malvern Road

Fitzroys offer for sale a flexible freehold opportunity located at 1448-1450 Malvern Road, Glen Iris.

This rare offering is positioned within one of Melbourne’s most tightly held and highly sought after inner eastern suburbs, boasting:

• Exceptional location with immediate access to major arterials, public transport, retail and recreational options
• Rectangular shaped land parcel of 543sqm* with 11.9m frontage to Malvern Road and Bellman Lane to rear.
• 2 separate commercial tenancies totaling 290sqm*
• Current Income $126,894* per annum
• Zoned Commercial 1
• Situated near the intersection of Tooronga Road and within easy access to Citylink and supported by a strong demographic
• Invest, occupy or value add (stpa)
• The property is well positioned on Malvern Road and within a highly desirable location with a strong residential and commercial catchment. The current lease profiles provide an opportunity to occupier’s, investors and value add buyers to reposition, and value add to the offering (stpa).

*approx.