Positioned within the landmark Garden House development, this rare commercial opportunity offers outstanding potential in a high-growth precinct. Located at the corner of McEvoy and Elizabeth Streets, the property services a captive audience of 161 apartments and enjoys leafy views across Waterloo Park. Just 750m from Green Square Station and 900m from the new Waterloo Metro, this property is perfectly placed to capitalise on strong local demand.
Property Features:
- Versatile retail space with excellent exposure
Levies:
Council Rates: $205.00 Per quarter approx.
Water Rates: $278.00 Per quarter approx.
Strata Rates: $1,174.00 Per quarter approx.
Rental Estimate: Previous tenant was paying $94,400 per annum approx.
The size of Waterloo is approximately 1.1 square kilometres. It has 17 parks covering nearly 8.0% of total area. The population of Waterloo in 2016 was 14616 people. By 2021 the population was 16379 showing a population growth of 12.1% in the area during that time. The predominant age group in Waterloo is 30-39 years. Households in Waterloo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waterloo work in a professional occupation.In 2021, 24.00% of the homes in Waterloo were owner-occupied compared with 24.40% in 2016.
Waterloo has 10,380 properties. Over the last 5 years, Houses in Waterloo have seen a 27.12% increase in median value, while Units have seen a 11.98% increase. As at 30 November 2025:
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