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Sold on 25 Jul 2019

Century City 285-287 Springvale Road Glen Waverley VIC 3150

  • Development / Land
  • 1.04 ha
  • Sold

CENTURY CITY - AUSTRALIA'S MOST EXCITING LONG-TERM LANDBANK INVESTMENT FOR 2019

  • Two major income producing assets
  • 10,442sqm* of land
  • Ideal for mixed-use development

- Two major income producing assets sitting on 1.04 hectares* of land ripe for future mixed use development

- Within the Glen Waverley Activity Centre, a unique cluster of Melbournes best leisure, entertainment and hospitality offerings

- Unparalleled accessibility via train, bus and private vehicle and outstanding provisions for visitors

- A 7 day precinct positioned to service an established demographic catchment of local residents, commuters, shoppers and international visitors

CENTURY CITY SHOPPING CENTRE

- Double storey entertainment complex anchored by Village Cinemas

- Direct access to the booming Kingsway Retail Precinct providing direct pedestrian flows through to Springvale Road

- Complemented by other major tenants the Pancake Parlour, Strike Bowling and major Chinese restaurant Secret Kitchen

- Opportunity to significantly increase rental income through active leasing and management program

NOVOTEL HOTEL

- Strong trading 4.5-star 200 room hotel operated by Accor Hotels

- 7 level building with ideal floor plate configuration and access to retail and transport amenity

- Major frontage and exposure to Springvale Road

- Servicing a captive primary and secondary catchment of business travellers, students and tourists

FOR FURTHER INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:

CBRE

JOSH RUTMAN
+61 499 881 202
josh.rutman@cbre.com.au

SAVILLS

MICHAEL SIMPSON
+61 431 649 724
msimpson@savills.com.au

VASSO ZOGRAPHOU
+61 449 979 039
vzographou@savills.com.au

*approx

Property Highlights

Property ID2015335559
Date Sold25 Jul 2019
Floor Area23,200 m²
Land Area1.04 ha
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
Map for Century City 285-287 Springvale Road Glen Waverley VIC 3150
Map for Century City 285-287 Springvale Road Glen Waverley VIC 3150Century City 285-287 Springvale Road Glen Waverley VIC 3150
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Property Highlights

Property ID2015335559
Date Sold25 Jul 2019
Floor Area23,200 m²
Land Area1.04 ha
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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