Retail
First Time Offered in 70 Years - Prime Malvern East Corner Investment
Conquest Commercial is proud to present 340 Waverley Road, Malvern East, available now via private sale.
Located on the high-profile corner of Waverley and Darling Roads, this exceptional property enjoys maximum street exposure in one of Malvern East’s most tightly held and highly sought-after retail strips.
Currently leased to a well-established and thriving bottle shop and bar, the property has been fully fitted out to a premium standard. Features include:
• Extensive refrigerated display areas
• A fully operational bar with quality finishes
• Ample indoor and outdoor seating for patrons
• Rear access with roller door, dedicated delivery zone, and 2 secure car spaces
• Separate storage, office and amenities at the rear
This outstanding investment offers the following key highlights:
• Building Area:• 262 sqm*
• Land Area:• 290 sqm*
• Current Rental:• $70,000 p.a. + Outgoings + GST
• Lease Start:• 09/09/2019
• Lease Renewed:• Further 5-year term commenced 09/09/2024
• Zoning:• Commercial 1 (C1Z) – offering flexibility for future development (STCA)
• Public Transport:• Tram stop directly at the doorstep
With a secure, long-term tenant and a strong local customer base, this is a rare opportunity to acquire a corner freehold in a premium location with potential upside.
For further information or to arrange a private inspection, please contact: Luke Conquest – 0432 328 668
COMPONENTS
NAME |
BUILDING |
LAND |
RENT (p.a.) |
PRICE |
Retail |
262m² |
290m² |
N/A |
Contact Agent |
Hint: Slide table sideways to view all information.