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175 Waverley Road
Mount Waverley VIC 3149
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Sold on 3 Jul 2023

175 Waverley Road Mount Waverley VIC 3149

  • Development / Land
  • 2,258 m²
  • Sold

Landmark Corner Development Opportunity in Melbourne's Popular East

    +Prime, 2,258sqm corner landholding with combined 90.52m* frontage to Waverley Road and Hill View Avenue
    +Strategic position on major arterial road with over 29,500 vehicles passing daily
    +Superb access to Monash Freeway north and southbound (395 metres), the Melbourne CBD (15km*) and Chadstone Shopping Centre (2.7kms*) +Australia's largest and world renowned shopping centre
    +Easy access to major transport links including Mount Waverley Train Station, and several bus routes
    +Current holding income of $89,409.74* net pa plus GST (expiring Sept 2022) with existing tenant keen to extend
    +Flexible 'GRZ' Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA)
    +Large selection of lifestyle amenity including Riversdale Gold Club, Valley Reserve, Mt Waverley Reserve and Sheerwood Park
    +Mount Waverley median house price of $1,585,000** with 14%** growth over the past 12 months representing significant underlying land value
    +City of Monash: One of Melbourne's largest municipalities home to over 203,501 people, as well as Monash University (Australia's largest university) and provides healthcare for a quarter of Melbourne's population (22)

    *approx

    Property Highlights

    Date Sold3 Jul 2023
    Floor Area227 m²
    Land Area2,258 m²
    ParkingAsk Agent
    Property ID2017964900
    Category
    Last updated  2 Jul 2023
    Map for 175 Waverley Road Mount Waverley VIC 3149

    Property Highlights

    Date Sold3 Jul 2023
    Floor Area227 m²
    Land Area2,258 m²
    ParkingAsk Agent
    Property ID2017964900
    Category
    Last updated  2 Jul 2023

    Co-Agents

    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588
    Zomart He
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830

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