3 Aristoc Rd,
Glen Waverley, VIC 3150
Warehouse, Factory & Industrial • Development Sites & Land • Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Emmetts - Melbourne
21-27 Somerset PlaceMELBOURNE, VIC 3000
3 Aristoc Rd
Glen Waverley, VIC 3150
Map of 3 Aristoc Rd
PRIME GLEN WAVERLEY FREEHOLD
- First time offered in 50+ years
- Tightly held industrial precinct
- Positioned for growth
Emmetts are delighted to exclusively present for sale by public on site auction, a prime industrial freehold investment opportunity positioned within Glen Waverley’s prized industrial estate.
Glen Waverley – Positioned for Growth:
+ Prized Glen Waverley location – the jewel of Melbourne’s eastern suburbs, with significant current growth (population and economic) plus planned infrastructure investment set to unleash additional strong population growth.
+ Positioned within Glen Waverley’s prized industrial estate comprised of only 40* freehold properties.
+ Current vacancy rate estimated to be 0% with no industrial properties offered for lease within Glen Waverley.
+ First industrial freehold in Glen Waverley offered to the market since February 2022.
+ Glen Waverley is anticipated to significantly benefit from Melbourne’s planned Suburban Rail Loop (SRL).
+ SRL Stage 1 is planned to increase Glen Waverley’s direct connectivity to Melbourne’s booming eastern suburban centres including Cheltenham, Clayton, Monash, Burwood and Box Hill.
+ As part of the SRL Project, the Victorian State Government is planning increased development densities and potential rezonings within proximity to new stations including Aristoc Road, Glen Waverley to increase population density and economic activity close to new stations.
Key Property Features:
+ Two adjoining freehold titles (3a and 3b Aristoc Road) providing ultimate future flexibility.
+ Currently zoned Industrial 1 (IN1Z).
+ Combined land size of 1,626 sq m* with combined frontage of 30 metres*
+ Two adjoining brick industrial buildings combined as one gym tenancy.
+ Leased to established gym operator Top Fitness.
+ Strong rental growth potential.
3 Aristoc Road is for sale by Public On Site Auction on Thursday 24th April at 2:30 pm on site.
All inspections are to be arranged strictly via the exclusive agents.
To arrange an inspection of for further information, please contact the Emmetts Team.
* denotes approximate.
Glen Waverley – Positioned for Growth:
+ Prized Glen Waverley location – the jewel of Melbourne’s eastern suburbs, with significant current growth (population and economic) plus planned infrastructure investment set to unleash additional strong population growth.
+ Positioned within Glen Waverley’s prized industrial estate comprised of only 40* freehold properties.
+ Current vacancy rate estimated to be 0% with no industrial properties offered for lease within Glen Waverley.
+ First industrial freehold in Glen Waverley offered to the market since February 2022.
+ Glen Waverley is anticipated to significantly benefit from Melbourne’s planned Suburban Rail Loop (SRL).
+ SRL Stage 1 is planned to increase Glen Waverley’s direct connectivity to Melbourne’s booming eastern suburban centres including Cheltenham, Clayton, Monash, Burwood and Box Hill.
+ As part of the SRL Project, the Victorian State Government is planning increased development densities and potential rezonings within proximity to new stations including Aristoc Road, Glen Waverley to increase population density and economic activity close to new stations.
Key Property Features:
+ Two adjoining freehold titles (3a and 3b Aristoc Road) providing ultimate future flexibility.
+ Currently zoned Industrial 1 (IN1Z).
+ Combined land size of 1,626 sq m* with combined frontage of 30 metres*
+ Two adjoining brick industrial buildings combined as one gym tenancy.
+ Leased to established gym operator Top Fitness.
+ Strong rental growth potential.
3 Aristoc Road is for sale by Public On Site Auction on Thursday 24th April at 2:30 pm on site.
All inspections are to be arranged strictly via the exclusive agents.
To arrange an inspection of for further information, please contact the Emmetts Team.
* denotes approximate.
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
Emmetts - Melbourne21-27 Somerset Place
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000