213-215 Blackburn Road, Mount Waverley, VIC 3149 | Commercial for sale | OnTheHouse
 
FOR SALE
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213-215 Blackburn Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 480m2
Land area: 1017m2
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Activity Centre with Future Upside

213-215 Blackburn Road, Mount Waverley
Stop choosing between today's returns and tomorrow's growth - 213-215 Blackburn Road Mount Waverley has both!
This Commercial 1 (C1Z) Zoned property is leased to a high-performing F&B tenant, generating a NET annual income of $238,702 plus recoverable outgoings.
This is a rare opportunity to acquire a premier commercial asset that delivers both substantial, immediate cash flow and significant future development potential.
Key Investment Highlights:
Secure Net Income: $238,702.50 p.a. + GST
Rent Increase PA - 3.0%
Hassle-Free Net Lease: Tenant pays all outgoings (excluding Land Tax).
Secure Tenancy: Leased until October 2028 with further options.
Substantial Landholding: 1,017 m² in a prime location.
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Property Details for 213-215 Blackburn Rd, Mount Waverley

Building Type
Commercial
Floor Size
480m2
Land Size
1017m2
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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2016 was 33611 people. By 2021 the population was 35340 showing a population growth of 5.1% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation.In 2021, 73.40% of the homes in Mount Waverley were owner-occupied compared with 74.20% in 2016.

Mount Waverley has 17,934 properties. Over the last 5 years, Houses in Mount Waverley have seen a 31.74% increase in median value, while Units have seen a 33.06% increase. As at 30 November 2025:

  • The median value for Houses in Mount Waverley is $1,745,230 while the median value for Units is $1,165,116.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 58 properties listed for sale, and 34 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 765 properties were sold in the past 12 months in Mount waverley.

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Ryan Trickey
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Will Jonas
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RWC Glen Waverley
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