153-155 & 157-159 Waverley Road,
Malvern East, VIC 3145
Shops & Retail • Medical & Consulting • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
153-155 & 157-159 Waverley Road
Malvern East, VIC 3145
Map
MALVERN EAST FREEHOLD INVESTMENT SECURED BY TWO LONGSTANDING OPERATORS
- LAND-RICH MEDICAL INVESTMENTS
- 7 YEAR NET LEASES
- INVEST NOW & DEVELOP LATER (STCA)
**UNDER OFFER**
+ The opportunity comprises side-by-side freehold buildings, with net leases to long-term tenants ME Physio and Cahill Chiropractic providing a diversified income stream along a major retail thoroughfare
+ Each property is secured by a 7 year lease expiring in 2029 with no further options, providing the opportunity to renew the current tenants, occupy the buildings or enhance via a variety of development outcomes (STCA)
+ Valuable street frontage of 18m* Waverley Road and rear laneway accessed via Bent Street
+ 892sqm* Commercial 1 Zone landholding allowing for a variety of future development uses including residential, retail, office, hotel and student accommodation (STCA)
+ Close to world class retail & lifestyle amenity via Chadstone Shopping Centre, Caulfield Racecourse, and Monash University
+ Excellent connectivity via public transport including Caulfield Railway Station and tram access along Waverley Road, in addition to major nearby arterials such as Dandenong Road and the Monash Freeway
+ Combined income of $163,226 pa*
Please contact CBRE for further information or to organise an inspection.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
+ The opportunity comprises side-by-side freehold buildings, with net leases to long-term tenants ME Physio and Cahill Chiropractic providing a diversified income stream along a major retail thoroughfare
+ Each property is secured by a 7 year lease expiring in 2029 with no further options, providing the opportunity to renew the current tenants, occupy the buildings or enhance via a variety of development outcomes (STCA)
+ Valuable street frontage of 18m* Waverley Road and rear laneway accessed via Bent Street
+ 892sqm* Commercial 1 Zone landholding allowing for a variety of future development uses including residential, retail, office, hotel and student accommodation (STCA)
+ Close to world class retail & lifestyle amenity via Chadstone Shopping Centre, Caulfield Racecourse, and Monash University
+ Excellent connectivity via public transport including Caulfield Railway Station and tram access along Waverley Road, in addition to major nearby arterials such as Dandenong Road and the Monash Freeway
+ Combined income of $163,226 pa*
Please contact CBRE for further information or to organise an inspection.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Property ID: 504429696Last Updated: 19 Dec 2023
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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