Aston Commercial are pleased to offer 301 Waverley Road, Malvern East for sale by Public Auction on Thursday 25th May 2023 at 12 noon on-site.
This is an outstanding opportunity to purchase a retail freehold in one of south-east Melbourne’s most affluent locations.
Being offered with vacant possession and sitting on a prime land allotment of 242 sqm* the property is suitable for owner-occupiers and investors, as well as value-add developers looking to secure a premium commercial property in one of Melbourne’s best performing and prestigious suburbs.
301 Waverley Road, Malvern East is a characterfilled retail freehold with adjoining residence in a premium Commercial 1 Zone.
Providing 6.1 metre* frontage to Waverley Road and rear laneway access the property comprises a building area of 176 sqm* with bathroom amenities on both the ground and first floors.
Located within Malvern East’s premier retail strip the property is surrounded by a vast array of different businesses from essential service providers, hospitality operators and health and beauty services.
This is an outstanding opportunity to secure a substantial freehold building in this tightly held location with flexible zoning.
Aston Commercial highly recommends this property for your serious consideration.
Blue chip and prestigious location
Prominently located in tightly held village retail strip
Flexible Commercial 1 Zoning (C1Z) on prime land allotment of 242 sqm*
Suitable for owneroccupiers, investors and developers
Terrific access to major arterial roads and public transport amenity
Highly soughtafter yet rarely found shop & residence
Malvern East is one of Melbourne’s most prestigious and affluent suburbs located just 8km south-east of the Melbourne CBD.
Waverley Road, Malvern East is highly regarded for its retail & dining establishments and is supported by a loyal residential neighbourhood with a vast array of service-based businesses found along the strip.
The property is positioned within a vibrant local retail strip, strongly serviced by the dense surrounding residential catchments and heavy thoroughfare of passing traffic and pedestrians. A highly desirable location, positioned within the heart of residential suburbs of Glen Iris, Malvern and Armadale and within close proximity to Chadstone Shopping Centre, Caulfield Racecourse and Monash University Caulfield Campus, to name a few.
Off the main roads you will find lush, green tree-lined streets which are home to some of Melbourne’s most highly sought after residential real estate.
Malvern East’s convenient and attractive location makes it a popular choice for families with the suburb being in close proximity to some of Melbourne’s best schools including Sacre Couer, Korowa Girls School, Caulfield Grammar and De La Salle College.
Public transport options are in abundance within the suburb and offer tram and train access directly into the Melbourne CBD, whilst transport via car is serviced by major arterial roads including Dandenong Road and the Monash Freeway (M1).
Title Particulars
The property is outlined on the Certificate of Title as follows
Volume 4216 Folio 088
Lot 72 on Plan of Subdivision 002148
Zoning
Tenancy Details
Commercial 1 Zone (C1Z) under the Stonnington Council Planning Scheme
Being sold with vacant possession
The land is also subject to Heritage Overlay (HO354) the following overlays
Waverley Road Frontage: 6.19 metres*
Rear Boundary: 6.17 metres*
Eastern Boundary: 39.78 metres*
Western Boundary: 39.74 metres*
Total Land Area: 242 square metres*
Method of Sale
Public Auction – Thursday 25th May 2023 at 12 noon on-site
Terms of Sale
10% deposit with the balance 30/60/90 days
Inspections
Strictly by appointment with the exclusive selling agents
Contract of Sale & Vendors Statement
Available upon request
Great sales results always get talked about. The work that makes them happen, usually doesn’t.
There’s so much smoke around sales, that it’s hard to even talk about it in a brochure without a smile. Everyone makes claims, but the obvious truth, is not everybody is equally good at this.
One of the differences at Aston Commercial, is that while what we say might be called an “opinion”, it’s always based on evidence. We do our homework first and talk later.
Another difference is that for us, sales is very much a whole team exercise, where there are many players and all our departments work together in the pursuit of the best result.
The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor
Deciphering the highest and best use and positioning your property through the implementation of elite marketing across all mediums
A relentless “never give up” attitude focused on the Client destination
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate