Premium-grade office in Melbourne’s affluent Malvern hits the market for sale for the first time3 November 2023
A recently refurbished office in one of Melbourne’s most affluent suburbs, Malvern, has exclusively been brought to market for the first time by Colliers’ Ben Baines, Matt Knox and Andrew Ryan.
The offering comprises 224sqm across two titles, which is being offered to the market for the first time with vacant possession, located directly opposite Malvern train station and is nearby to Kokoda’s brand new mixed-use precinct “Malvern Collective”.
Director of Colliers Investment Services Ben Baines said assets of this calibre and characteristics are extremely tightly held for generations and rarely brought to market.
“With no other boutique premium office space available on the market in Malvern, we anticipate that the property will be well received by local owner-occupiers, including family businesses with directors living within the immediate precinct.”
“The property offers a rare opportunity for future occupiers to capitalise on the premium grade office accommodation suited to various business types, with no expenses spared.”
The office has recently been refurbished with a high-quality grade fit-out, including private offices, a boardroom, break-out space, a fully equipped kitchen and bar area, a basement break-out area and a secure car park.
Nestled within a Malvern pocket known for its retail, hospitality and lifestyle hotspots with Glenferrie Road, Claremont Avenue, High Street and Malvern Central nearby, 49-51 Station Street is also conveniently accessible via public transport, Glenferrie Road and Dandenong Road, just 8km south- east of Melbourne’s CBD.
“We have seen an increasing number of owner-occupiers wanting to secure their own office spaces outside of the CBD this year to be able to work closer to where they reside,” said Matt Knox, Executive of Colliers Investment Services.
With price expectations in excess of $2.60 million, 49-51 Station Street, Malvern, is being offered for sale via public on-site auction, Thursday 30th November 2023, at 12:30pm (AEDT).