Aston in conjunction with MMJ Real Estate is pleased to offer a prime retail space at Ground Floor, 442-446 Malvern Road, Prahran. Located nearby the vibrant and highly sought-after Hawksburn Village, this versatile property provides exceptional access to one of Melbourne’s most dynamic retail precincts. Situated beneath a modern complex of luxury two and threebedroom apartments, it presents an attractive opportunity for owneroccupiers or potential investment in a bustling, pedestrian-friendly community.
173 m2* BUILDING AREA:
750m* FROM CHAPEL STREET
10% deposit with the balance payable in 60 days TERMS OF SALE
Public Auction on Friday 18 October at 12 noon on-site
DETAILS
This modern ground floor space at Level G, 442-446 Malvern Road, Prahran, offers 173m2* of prime Net Lettable Area within a boutique mixed-use development. Positioned beneath a striking residential complex with fifteen high-end two and three-bedroom apartments, it benefits from steady foot traffic and a strong local clientele.
The ground floor features a warm, inviting interior with plastered walls, a fully equipped kitchenette, and a private bathroom, making it ideal for various retail or service-oriented businesses. Equipped with essential infrastructure, including a grease trap and ventilation, it offers flexibility, especially for food and beverage operations. A secure car space adds convenience for the owner or tenant.
Situated nearby the bustling Hawksburn Village, the building has excellent transport connections and is less than 7km from Melbourne’s CBD, ensuring superb accessibility for both local residents and visitors.
I’M SECURE. IMMEDIATE OCCUPANCY OR SECURE INVESTMENT POTENTIAL.
PRAHRAN 3181
Situated in the heart of Prahran, in the centre of Hawksburn Village, this property at 442-446 Malvern Road enjoys a coveted position in one of Melbourne’s most sought-after suburbs. Prahran is renowned for its vibrant mix of high-end boutiques, trendy cafes, and gourmet restaurants, making it a cultural and retail hotspot. The property benefits from excellent connectivity, with easy access to public transport options, including trams along Malvern Road and Hawksburn train station, ensuring convenience for both customers and staff. Prahran offers the perfect blend of urban convenience and community charm. The area is known for its lively atmosphere, walkable streets, and rich history, attracting a diverse and affluent customer base. This prime location provides an exceptional opportunity for businesses looking to capitalize on strong foot traffic and the thriving retail scene that makes Prahran a destination suburb.
43.1% LONE PERSON - 2,833 24.2% COUPLES WITHOUT CHILDREN - 1,605 11.9% COUPLES WITH CHILDREN - 781
MARKET OVERVIEW.
PRIME RETAIL OPPORTUNITY IN HAWKSBURN VILLAGE, PRAHRAN:
Hawksburn Village is a bustling retail hub known for its boutique shopping and premium offerings, attracting both local and national retailers including, Woolworths, Bistro Thierry, Baker Bleu, McDonalds, Fratellino, Bed n’ Bath and many more.
EXCELLENT TRANSPORT LINKS:
The property enjoys strong connectivity, with easy access to multiple tram and bus routes, and is located less than 7 km from Melbourne’s CBD. This ensures high foot traffic and convenience for businesses and customers alike.
RISING DEMAND FOR RETAIL SPACE:
With limited vacancies, the retail market in Prahran, especially in key areas like Hawksburn Village, is highly competitive. Investors can capitalize on growing demand, while owneroccupiers have a rare chance to secure a prime space.
AFFLUENT DEMOGRAPHIC BASE:
Prahran’s wealthy and diverse population drives steady demand for premium retail, dining, medical, office, and health and wellness services, making it an attractive opportunity for quality businesses.
WELL SERVICED BY BUSES TRAM
A VERSATILE SPACE WITH UNLIMITED POTENTIAL
HOSPITALITY POWERHOUSE
HEALTH & WELLBEING HOTSPOT
Artist Impression
Artist Impression
BUILDING AREA:
173 m2*
1.
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by MMJ Real Estate or 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 MMJ Real Estate and 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. MMJ Real Estate and 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
