Stonebridge Property Group is pleased to present for sale a South Yarra masterpiece at 333 Malvern Road, South Yarra. This opportunity is for the astute occupier, investor or developer.
Situated on a 3,105 sqm* landholding with 200 m* of total street frontage, this Residential Growth Zone landholding is improved with a character filled two level commercial building with NLA of 1,443.3 sqm* and 43 car parks.
Leased to Leonard Joel, a renowned auction house established in 1919 with passing rental of $509,226 pa (as at 10 June 2022).
The property forms part of the Hawksburn Village retail shopping strip along Malvern Road.
In addition to high quality dining and retail amenity in Hawksburn Village, the property is also less than 350 m* to renowned Chapel Street retail and entertainment precinct. Hawksburn Train Station is less than 450 m* away. Major employment hubs close by include St Kilda Road commercial precinct.
Key highlights of the property include:
- Improved with a character filled 2 level commercial building with NLA of 1,443.3 sqm* & 43 car parks
- Passing rental $509,226 pa* (as of 10 June 2022)
- Leased to Leonard Joel, a renowned auction house established in 1919
- Favourable Residential Growth Zone in a high value suburb with a $2.68 million median (source REIV)
- Corner landholding with 200 m* of total frontages
- High amenity location, forming part of the Hawksburn Village retail strip, plus Chapel Street only 350 m*
- Excellent public transport options with a tram on Malvern Road & Hawksburn Train Station only 450 m*
*Approximate.
To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group.
Stonebridge Property Group:
Julian White
0422 764 137
Chao Zhang
0411 625 068
Rorey James
0439 400 081
Property Code: 368
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