242-244 Springvale Road,
Glen Waverley, VIC 3150
Medical & Consulting • Offices • Shops & Retail
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Map of 242-244 Springvale Road
Train stations within 5 km of 242-244 Springvale Road, Glen Waverley, VIC 3150 Distance Glen Waverley Station 372 m Syndal Station 1.5 km Mount Waverley Station 3.4 km Jordanville Station 4.8 km POWERED BY HERE ©Tram stops within 5 km of 242-244 Springvale Road, Glen Waverley, VIC 3150 Distance 74-Stanley Rd/Burwood Hwy (Vermont South) 2.7 km 72-Lakeside Dr/Burwood Hwy (Burwood East) 2.8 km 71-Sevenoaks Rd/Burwood Hwy (Burwood East) 2.9 km 70-Blackburn Rd/Burwood Hwy (Burwood East) 3.2 km 68-Benwerrin Reserve/Burwood Hwy (Burwood East) 3.8 km POWERED BY HERE ©Bus stops within 5 km of 242-244 Springvale Road, Glen Waverley, VIC 3150 Distance The Glen Shopping CentreSpringvale Rd 138 m Monash Civic Centre/Springvale Rd (Glen Waverley) 371 m The Glen Shopping CentreSnedden Dr 399 m The Glen Shopping Centre/High Street Rd (Glen Waverley) 527 m Springvale Rd/High Street Rd (Glen Waverley) 531 m POWERED BY HERE ©
POWERED BY HERE ©
Glen Waverley Super Site - Opposite The Glen
One of the largest parcels of land (with income) to come to market in central Glen Waverley in many years.
Savvy buyers know that few chances exist to secure assets like this.
Key tenant - Glen Waverley Medical Centre, with over 30-year legacy (one of the largest Medical Centres locally)
Total Land Holding 1,503 sqm*
Near new 5 year Lease plus options
Premier 2-level medical centre
AAA corner site opposite 'The Glen'
Significant corner site with GRZ zoning, presenting the potential for additional levels of development.
Exceptionally well-maintained two-story medical facility, with 12 consulting rooms and offering minor surgery services.
Distinguished clinic with a prestigious 30-year legacy
Secured a 5-year lease extension valid until April 2027, with options firmly in place until 2032
Solidified with 4% annual rent increases on medical
Tenant shoulders all standard outgoings
Annual net income: $280,800 plus GST
Prominent freehold property gracing a high-profile corner location, boasting an expansive 40-meter main road frontage, accommodating 22 parking spaces, and witnessing a daily traffic volume of 55,000 vehicles.
Positioned with precision, right across from the newly rejuvenated 'The Glen' shopping centre, boasting a remarkable valuation of $490 million, and the eye-catching $450 million multi-tower Sky Garden residential development.
To obtain further information or arrange an inspection, please contact the exclusive selling agent, RWC Glen Waverley.
Will Jonas | 0422 883 0...
Ryan Trickey | 0400 380 4...
*All areas and figures approx only.
*All boundaries are indicative only.
*All precautions have been taken to ensure all information is correct, but this does not constitute any representation by the Vendor or Agents.
Savvy buyers know that few chances exist to secure assets like this.
Key tenant - Glen Waverley Medical Centre, with over 30-year legacy (one of the largest Medical Centres locally)
Total Land Holding 1,503 sqm*
Near new 5 year Lease plus options
Premier 2-level medical centre
AAA corner site opposite 'The Glen'
Significant corner site with GRZ zoning, presenting the potential for additional levels of development.
Exceptionally well-maintained two-story medical facility, with 12 consulting rooms and offering minor surgery services.
Distinguished clinic with a prestigious 30-year legacy
Secured a 5-year lease extension valid until April 2027, with options firmly in place until 2032
Solidified with 4% annual rent increases on medical
Tenant shoulders all standard outgoings
Annual net income: $280,800 plus GST
Prominent freehold property gracing a high-profile corner location, boasting an expansive 40-meter main road frontage, accommodating 22 parking spaces, and witnessing a daily traffic volume of 55,000 vehicles.
Positioned with precision, right across from the newly rejuvenated 'The Glen' shopping centre, boasting a remarkable valuation of $490 million, and the eye-catching $450 million multi-tower Sky Garden residential development.
To obtain further information or arrange an inspection, please contact the exclusive selling agent, RWC Glen Waverley.
Will Jonas | 0422 883 0...
Ryan Trickey | 0400 380 4...
*All areas and figures approx only.
*All boundaries are indicative only.
*All precautions have been taken to ensure all information is correct, but this does not constitute any representation by the Vendor or Agents.
Additional information
External websites
Property ID: 504425076Last Updated: 6 Mar 2024
242-244 Springvale Road
Glen Waverley, VIC 3150
RWC - Glen Waverley169 Coleman Parade
GLEN WAVERLEY, VIC 3150
GLEN WAVERLEY, VIC 3150
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