89 Kingsway,
Glen Waverley, VIC 3150
Shops & Retail • Other
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
89 Kingsway
Glen Waverley, VIC 3150
Map of 89 Kingsway
Kingsway's Most Prominent Corner Leased to Global Fast Food Operator
- Iconic Kingsway Corner
- Leased to National Tenant Grill’d
- Most Tightly Held Retail Precinct
Stonebridge Property Group is pleased to present for sale 89 Kingsway, Glen Waverley, an iconic corner in the most tightly held retail precincts in Melbourne.
The key highlights of the opportunity include:
- Prominent 368 sqm** corner building with invaluable 34 m* street frontage
- 5 year net lease to national fast food tenant Grill’d with 155+ restaurants nationally
- Opposite the newly refurbished Glen Shopping Centre as well as $1 billion of forecasted development in the surrounding area
- Highly valuable future development potential of 6 levels (22 m^)
- Favourable Commercial 1 Zoning with potential for alternate uses including apartments, office, medical or child care (STCA)
- Only 110 m* away from Glen Waverley train station which serves as a major bus interchange and the train line itself provides connectivity to a variety of Melbourne’s most prestigious suburbs and the CBD, also providing a consistent stream of customers into the retail zone
- 89 Kingsway’s connectivity to all areas of Melbourne will be greatly enhanced by the proposed Suburban Rail Loop; a new underground rail network connecting Melbourne’s suburbs
89 Kingsway, Glen Waverley presents a rare opportunity to acquire a Kingsway corner in arguably the most iconic retail strip in Melbourne.
Nic Hage
0448 782 5...
Rorey James
0439 400 0...
Jacob Biviano
0416 088 586
Sarah Xi
0468 320 297
* Approximately
^ Design and Development Overlay – Schedule 12
**Gross Building Area
Property Code: 539
The key highlights of the opportunity include:
- Prominent 368 sqm** corner building with invaluable 34 m* street frontage
- 5 year net lease to national fast food tenant Grill’d with 155+ restaurants nationally
- Opposite the newly refurbished Glen Shopping Centre as well as $1 billion of forecasted development in the surrounding area
- Highly valuable future development potential of 6 levels (22 m^)
- Favourable Commercial 1 Zoning with potential for alternate uses including apartments, office, medical or child care (STCA)
- Only 110 m* away from Glen Waverley train station which serves as a major bus interchange and the train line itself provides connectivity to a variety of Melbourne’s most prestigious suburbs and the CBD, also providing a consistent stream of customers into the retail zone
- 89 Kingsway’s connectivity to all areas of Melbourne will be greatly enhanced by the proposed Suburban Rail Loop; a new underground rail network connecting Melbourne’s suburbs
89 Kingsway, Glen Waverley presents a rare opportunity to acquire a Kingsway corner in arguably the most iconic retail strip in Melbourne.
Nic Hage
0448 782 5...
Rorey James
0439 400 0...
Jacob Biviano
0416 088 586
Sarah Xi
0468 320 297
* Approximately
^ Design and Development Overlay – Schedule 12
**Gross Building Area
Property Code: 539
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Glen Waverley, 3150 demographic data
The median household income for Glen Waverley is $1,918, 1% higher than Greater Melbourne's household income of $1,901. Glen Waverley has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 40% of property owners in Glen Waverley have a mortgage.
42,642
Population
$1,918 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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