73 Railway Parade North,
Glen Waverley, VIC 3150
Shops & Retail • Offices • Development Sites & Land
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Map of 73 Railway Parade North
Secure a Generational Blue-Chip Freehold in the Heart of Glen Waverley
- Secure 'Set-and-Forget' Investment
- Irreplaceable Epicentre Location
- Future-Proofed for Unprecedented Growth
73 Railway Parade North, Glen Waverley VIC 315
RWC Glen Waverley is proud to present a rare and affordable freehold investment, perfectly positioned for exceptional long-term growth.
This is your opportunity to acquire a coveted piece of Glen Waverley real estate in the absolute epicenter of one of Melbourne's most dynamic suburban activity centres.
Key Highlights of this Premier Opportunity:
• Anchored by a Secure, Long-Term Tenant Fully leased to the established JRW Property International Pty Ltd on a 5-year lease with two additional 5-year options, offering outstanding income security through to 2039.
• 'Set-and-Forget' Income with Guaranteed Annual Growth Returning a significant net income of $122,055 per annum*(As of 31/10/2025) + GST, supported by fixed 3% annual rent increases for a secure, passive, and growing income stream.
• Irreplaceable Location in a Tightly Held Precinct Positioned on a prime 190sqm* Commercial 1 Zone (C1Z) landholding directly opposite the renowned The Glen Shopping Centre and the bustling Glen Waverley transport interchange.
• Future-Proofed by Unprecedented Infrastructure Investment Located at the doorstep of the future Suburban Rail Loop (SRL) station, a city-shaping project set to deliver thousands of new patrons to the area daily and solidify this location as a key commercial hub.
• Substantial Two-Level Freehold Building A versatile 182.5sqm* building with prime ground-floor exposure and first-floor offices, ideal for the current tenant and adaptable for a range of future uses (STCA).
• Significant Future Upside (STCA) Opportunity to improve and extend the current building envelope to capitalise on the exciting growth of the Glen Waverley Activity Centre (GWAC).
• Rare On-Site Parking Featuring secure rear access with on-title parking for three vehicles-an invaluable asset in this high-density precinct.
The Opportunity:
Freehold assets of this calibre are seldom available. This is the definition of a 'set-and-forget' investment, providing immediate, secure income with guaranteed growth. The strategic C1Z landholding presents outstanding future potential for value-add initiatives or development (STCA)
in a precinct with a proven track record of multi-level success.
Surrounded by national retailers, major banks, and a thriving dining and entertainment scene, 73 Railway Parade North is perfectly positioned to leverage the ongoing evolution and government-backed expansion of Glen Waverley.
For Sale by Public Auction: Wednesday, 19th November 2025 at 1:00 PM (AEDT) on-site.
For further information or to arrange an exclusive inspection, please contact the exclusive selling agents:
RYAN TRICKEY
0400 380 4...
ryan.trickey@raywhite.com
WILL JONAS
0422 883 0...
will.jonas@raywhite.com
RWC Glen Waverley
*Approximately
RWC Glen Waverley is proud to present a rare and affordable freehold investment, perfectly positioned for exceptional long-term growth.
This is your opportunity to acquire a coveted piece of Glen Waverley real estate in the absolute epicenter of one of Melbourne's most dynamic suburban activity centres.
Key Highlights of this Premier Opportunity:
• Anchored by a Secure, Long-Term Tenant Fully leased to the established JRW Property International Pty Ltd on a 5-year lease with two additional 5-year options, offering outstanding income security through to 2039.
• 'Set-and-Forget' Income with Guaranteed Annual Growth Returning a significant net income of $122,055 per annum*(As of 31/10/2025) + GST, supported by fixed 3% annual rent increases for a secure, passive, and growing income stream.
• Irreplaceable Location in a Tightly Held Precinct Positioned on a prime 190sqm* Commercial 1 Zone (C1Z) landholding directly opposite the renowned The Glen Shopping Centre and the bustling Glen Waverley transport interchange.
• Future-Proofed by Unprecedented Infrastructure Investment Located at the doorstep of the future Suburban Rail Loop (SRL) station, a city-shaping project set to deliver thousands of new patrons to the area daily and solidify this location as a key commercial hub.
• Substantial Two-Level Freehold Building A versatile 182.5sqm* building with prime ground-floor exposure and first-floor offices, ideal for the current tenant and adaptable for a range of future uses (STCA).
• Significant Future Upside (STCA) Opportunity to improve and extend the current building envelope to capitalise on the exciting growth of the Glen Waverley Activity Centre (GWAC).
• Rare On-Site Parking Featuring secure rear access with on-title parking for three vehicles-an invaluable asset in this high-density precinct.
The Opportunity:
Freehold assets of this calibre are seldom available. This is the definition of a 'set-and-forget' investment, providing immediate, secure income with guaranteed growth. The strategic C1Z landholding presents outstanding future potential for value-add initiatives or development (STCA)
in a precinct with a proven track record of multi-level success.
Surrounded by national retailers, major banks, and a thriving dining and entertainment scene, 73 Railway Parade North is perfectly positioned to leverage the ongoing evolution and government-backed expansion of Glen Waverley.
For Sale by Public Auction: Wednesday, 19th November 2025 at 1:00 PM (AEDT) on-site.
For further information or to arrange an exclusive inspection, please contact the exclusive selling agents:
RYAN TRICKEY
0400 380 4...
ryan.trickey@raywhite.com
WILL JONAS
0422 883 0...
will.jonas@raywhite.com
RWC Glen Waverley
*Approximately
Additional information
External websites
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
RWC - Glen Waverley
25/40 Montclair AvenueGLEN WAVERLEY, VIC 3150
73 Railway Parade North
Glen Waverley, VIC 3150
RWC - Glen Waverley25/40 Montclair Avenue
GLEN WAVERLEY, VIC 3150
GLEN WAVERLEY, VIC 3150
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33-37 Railway Parade North,Glen Waverley, VIC 3150 100 m²Shops & Retail • Offices • Medical & Consulting
