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175 Waverley Road Mount Waverley, VIC 3149

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175 Waverley Road,
Mount Waverley, VIC 3149

Development Sites & Land • Shops & Retail

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Landmark Corner Development Opportunity in Melbourne's Popular East

  • Prominent 2,258sqm corner landholding
  • Prime and highly sought location
  • Flexible GRZ Zoning
+Prime, 2,258sqm corner landholding with combined 90.52m* frontage to Waverley Road and Hill View Avenue
+Strategic position on major arterial road with over 29,500 vehicles passing daily
+Superb access to Monash Freeway north and southbound (395 metres), the Melbourne CBD (15km*) and Chadstone Shopping Centre (2.7kms*) +Australia’s largest and world renowned shopping centre
+Easy access to major transport links including Mount Waverley Train Station, and several bus routes
+Current holding income of $89,409.74* net pa plus GST (expiring Sept 2022) with existing tenant keen to extend
+Flexible ‘GRZ' Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA)
+Large selection of lifestyle amenity including Riversdale Gold Club, Valley Reserve, Mt Waverley Reserve and Sheerwood Park
+Mount Waverley median house price of $1,585,000** with 14%** growth over the past 12 months representing significant underlying land value
+City of Monash: One of Melbourne’s largest municipalities home to over 203,501 people, as well as Monash University (Australia’s largest university) and provides healthcare for a quarter of Melbourne’s population (22)


*approx

Property ID: 504125683Last Updated: 28 Feb 2024

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175 Waverley Road
Mount Waverley, VIC 3149
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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