Premium Level 1 Tenancy – Office, Medical, Retail & Hospitality Opportunity at 653 Dandenong Road, Malvern
Versatile Open-Plan Tenancy Areas Available 147-552 sqm* Now Leasing
19 On-Site Car Spaces plus Station Parking Next Door
11 Minutes to the CBD with Malvern Station at Your Door
Key Features
• Brand-New Open-Plan Space: Rare opportunity to secure a premium, generously sized tenancy within the vibrant Malvern Collective precinct; a landmark mixed-use development combining sophisticated heritage architecture with a modern lifestyle offering and 205 luxury apartments above.
• Versatile Floorplan: Areas Available from 147-552 sqm* of flexible, open-plan space suitable for a wide range of uses including office, medical and allied health, high-end hospitality, fitness and wellness, beauty, and professional services. Multiple access points ensure excellent connectivity throughout.
• Outstanding Visibility & Signage: Prominent exposure along Dandenong Road, one of Melbourne’s busiest arterial roads, offering exceptional signage opportunities and strong passing foot and vehicle traffic to maximise your business profile.
Strategic Location
• Situated at the busy intersection of Dandenong Road and Glenferrie Road in the heart of Malvern, this tenancy offers unrivalled access and connectivity:
• Malvern Train Station is directly next door (10 metres), with 2-hour parking on Station Street convenient for staff and clients.
• 11 minutes to the Melbourne CBD by train.
• Multiple tram routes along both Glenferrie Road and Dandenong Road at your doorstep.
• Surrounded by the prestigious retail and lifestyle strips of Armadale, Caulfield, and Malvern, and an affluent local catchment of professionals and high-income residents.
• 48,000 vehicles on average pass by this property daily.
Ideal For
• Medical & Specialist Health Practices: Position your practice at the heart of a prestigious medical precinct, alongside established neighbours including Total Health Choice, Lifecare, Malvern Breast Clinic, Body Lab, and a strong network of medical referral services throughout the area, including Cabrini, The Avenue, and Alfred hospitals.
• Office & Professional Services: Secure a premium, flexible base for your professional services business in one of Melbourne’s most sought-after inner-eastern commercial locations, with tram at your door and CBD connectivity in minutes.
• High-End Hospitality: Tap into the area’s affluent and active population by establishing a high-end dining, or specialty food offering at the heart of Melbourne’s premier fashion, food, and design scene. Neighbours include leading fashion, beauty, and lifestyle brands.
• Fitness, Wellness & Beauty: Attract health and beauty conscious locals and professionals in one of Melbourne’s wealthiest catchments, with a versatile, adaptable floor plate ready to be configured for your vision.
• Specialty Retail: Leverage the prominent Dandenong Road frontage, strong daily foot traffic, and a captive residential population of 205 luxury apartment residents above to drive consistent demand for high fashion, design or premium products.
Building & Lifestyle Highlights
• Areas available from 147-552 sqm* of open-plan space with a blank canvas ready for fitout.
• 19 on-site car spaces plus 2-hour parking on Station Street for staff and visitors.
• Private and secure entrance exclusively for Level 1 tenants.
• Tram at your door along both Glenferrie Road and Dandenong Road.
• 205 luxury apartments above, providing an immediate built-in catchment.
• Part of the Malvern Collective — a thriving lifestyle and commercial precinct anchored by premium fashion, food, and wellness operators.
• Surrounded by prestigious neighbours including Regis, Menzies, Hader Institute, Emmy Monash Aged Care, Nexus, and established medical and allied health providers.
Suburb Snapshot – Malvern
• Malvern is one of Melbourne’s most established and prestigious inner-eastern suburbs, offering an outstanding commercial environment for businesses seeking premium exposure and a high-quality customer base.
• Median weekly income: $1,967
• Median house price (Q3 2025): $3,110,000 — up 14.85% since 2021
• Occupations: Professionals (40.8%) and Managers (21.9%) dominate the local workforce
• Population (2021): 8,456 — with a mature, high-income age distribution
• Connectivity: Malvern Station, multiple tram routes, and easy access to major arterial roads
Property Details
• Areas Available: 147-552 sqm*
• Property Type: Office / Medical / Retail / Hospitality / Fitness & Beauty
• Zoning: Commercial 1 Zone (C1Z)
• Car Spaces: 19 on-site
• Public Transport: Malvern Train Station (10 metres)
• Apartments Above: 205 Luxury Apartments
Don’t Miss This Opportunity
Position your business at the heart of one of Melbourne’s most vibrant and well-connected inner-south precincts. With versatile zoning, exceptional transport access, strong residential and professional catchment, and prominent Dandenong Road exposure, Level 1 at 653 Dandenong Road offers a rare and flexible opportunity for the right operator.
Medical / Consulting / Wellness / Fitness & Beauty
147-552 sqm*
Available Now
mark@yourmedicalproperty.com.au
0411 694 756
andre@yourmedicalproperty.com.au
0410 169 106