GormanKelly is pleased to offer 444 & 446-450 Waverley Road, Malvern East for sale.
The property comprises two adjoining double storey office buildings (total 927sqm) on three titles which will be offered for sale with vacant possession with the exception of one tenancy in 444 Waverley Road which expires in June 2016.
The high exposure site totals 1,200 square metres with Commercial 1 Zoning and benefits from a 23 metre frontage in addition to rear access.
452 Waverley Road is also available either separately or combined and comprises 217sqm of building and 284sqm of land.
If combined with 444 & 446-450 Waverley Road the property would comprise a total of 1,484sqm land and 1,144sqm building.
The site offers fantastic mixed use redevelopment potential (STCA) whilst the existing improvements would also suit an owner occupier or investor seeking to redevelopment in the medium to longer term. The surrounding area is undergoing rapid change with an increase in new residential development and this site occupying a fantastic location offers a multitude of options.
444-450 Waverley Road is located on the southern side of Waverley Road near the corner of Malvern Road and is located approximately 12km* from the Melbourne CBD. Malvern East is a highly after commercial and residential location due to its ease of access and close proximity to some of Melbourne’s most sought after and valuable residential suburbs.
The property is located in an established retail strip location with some more recent mixed use residential developments coming into the area over recent years. The property enjoys a fantastic location in close proximity to Monash University Caulfield, Chadstone Shopping Centre, Monash Freeway, local parks and East Malvern railway station.
For further information please contact the exclusive selling agents David Minton - 0422 987 749 or Robert Kelly – 0418 655 242 from GormanKelly
