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1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146

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1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146

Glen Iris

1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146
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+23 Photos
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1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146

Glen Iris

SOLD
1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146
Properties / Sold / Victoria / Glen Iris
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Floor Area
75 - 190 m² (*approx)
Property Type
Retail, Offices, Health/Medical
Est. Income
$207,078 p/a
Fully Leased
Hear & Clear Care, Mila Nail Spa, Heathershaw's Pharmacy
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THREE IDEAL RETAIL INVESTMENTS
  • 3 securely leased retail shops
  • Brand new leases in place
  • Popular Glen Iris retail village

Gorman Commercial is pleased to offer 3 shops for sale at 1398, 1400 & 1402 Malvern Road, Glen Iris via Expressions of Interest closing on Wednesday 4th June at 2pm.

Situated at the base of The Maitland, a luxury development home to 19 boutique residences, these 3 retail premises with long leases in place are the perfect set & forget investment opportunity.

1398 Malvern Road, Glen Iris

* 4 year lease to Hear & Clear Care to 2027 plus options

* Current rent: $45,618 pa + GST + outgoings

* Building area: 75 sqm

* Two (2) car parks

1400 Malvern Road, Glen Iris

* 4 year lease to Mila Nail Spa to 2028, plus options

* Current rent: $42,435 pa + GST + outgoings

* Building area: 75 sqm

* Two (2) car parks

1402 Malvern Road, Glen Iris

* 4 year lease to Heathershaw's Pharmacy to 2028, plus options

* Current rent: $119,025 pa + GST + outgoings (as at 15 May 2025)

* Building area: 190 sqm

* Three (3) car parks

With main road frontages and brand new lease terms, these 3 shops are not to be missed.

Available to purchase separately or together.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1398, 1400 & 1402 Malvern Road Investment Summary

Property Type
Retail, Offices, Health/Medical
Est. Income
$207,078 p/a
Tenant
Hear & Clear Care, Mila Nail Spa, Heathershaw's Pharmacy
Floor Area
75 - 190 m² (*approx)
Selling Method
EOI
EOI Closing Date
4 Jun 2025 12:00AM
Add to calendar
Selling Details
Contact Agent

Investment Highlights

THREE IDEAL RETAIL INVESTMENTS
  • 3 securely leased retail shops
  • Brand new leases in place
  • Popular Glen Iris retail village

Gorman Commercial is pleased to offer 3 shops for sale at 1398, 1400 & 1402 Malvern Road, Glen Iris via Expressions of Interest closing on Wednesday 4th June at 2pm.

Situated at the base of The Maitland, a luxury development home to 19 boutique residences, these 3 retail premises with long leases in place are the perfect set & forget investment opportunity.

1398 Malvern Road, Glen Iris

* 4 year lease to Hear & Clear Care to 2027 plus options

* Current rent: $45,618 pa + GST + outgoings

* Building area: 75 sqm

* Two (2) car parks

1400 Malvern Road, Glen Iris

* 4 year lease to Mila Nail Spa to 2028, plus options

* Current rent: $42,435 pa + GST + outgoings

* Building area: 75 sqm

* Two (2) car parks

1402 Malvern Road, Glen Iris

* 4 year lease to Heathershaw's Pharmacy to 2028, plus options

* Current rent: $119,025 pa + GST + outgoings (as at 15 May 2025)

* Building area: 190 sqm

* Three (3) car parks

With main road frontages and brand new lease terms, these 3 shops are not to be missed.

Available to purchase separately or together.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Property Location of 1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146

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Glen Iris Suburb Demographics About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146

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1398, 1400 & 1402 Malvern Road, Glen Iris, VIC, 3146 Glen Iris
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