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CBRE - Melbourne

266 Stephensons Road Mount Waverley, VIC 3149

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266 Stephensons Road,
Mount Waverley, VIC 3149

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CBRE - Melbourne
Nathan Mufale
Jing Jun Heng

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
266 Stephensons Road
Mount Waverley, VIC 3149

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DOUBLE THE SIZE… TRIPLE THE OPPORTUNITY

  • Flexible landholding of 460sqm*
  • Substantial 690sqm double level building
  • 240m* from Mount Waverley Train Station
+ Benefiting from a diverse income through 3 separate tenancies including ASX Listed NAB Bank (Mkt Cap $79.50bn*) & powerhouse residential real estate agency Woodards (13 stores throughout Victoria)

+ Landlord favoured leases that include two recent renewals and one triple net lease through NAB (portion of land tax can be recovered), providing a net annual income of $201,852* + GST + Outgoings (after land tax)

+ Flexible landholding of 460sqm* (additional 80sqm* of common property to the rear is utilised for 5 car parks) with 13+ metres of double street frontage to Stephensons Road and highly accessible rear lane access via Gallery Place (further free car parking is found on Gallery Place)

+ Substantial 690sqm* double level building with prime retail space and modern level 1 office (accessed via Stephenson Road)

+ With prominent façade signage tenants benefit from free exposure to over 14,000 cars passing along Stephensons Road daily

+ Positioned directly opposite the Mount Waverley Village retail/commercial precinct, bolstered by Woolworths, IGA, Chemist Warehouse, Bakers Delight, Australia Post and the Big 4 Banks, CBA, ANZ, Westpac & NAB

+ The Stephensons Road address is serviced from inlet driveway access and free council parking, providing customers easy access and convenience to park, stop and shop

+ Only 240m* from Mount Waverley Train Station, providing direct linkage to Melbourne’s CBD, affluent eastern suburbs Toorak, Richmond, Malvern & Glen Waverley (The Glen Shopping Centre)

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

*Approx

Property ID: 503268598Last Updated: 1 Dec 2021

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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