101/263A Springvale RoadGlen Waverley VIC 3150
Property Details for 101/263a Springvale Rd, Glen Waverley
Last Listing description (January 2026)
Discover a rare chance to secure a prime commercial freehold in one of Glen Waverley's most high-profile locations. This expansive, fully equipped hospitality venue is more than just a business-it's a substantial property investment offering flexibility, visibility, and long-term potential.
From the moment guests step into the refined foyer, the sense of scale and quality is clear. A vibrant, open-plan dining space caters for up to 180 patrons, flowing seamlessly into a second-level function area-ideal for private events or corporate bookings. This multi-purpose layout makes the property suitable for a wide range of commercial uses beyond hospitality.
The professional-grade kitchen is ready to meet the demands of any cuisine, featuring a six-burner wok station, commercial ovens, stainless steel prep stations, cool room, freezer, and dedicated dishwashing area. A dumbwaiter system connects the kitchen to the upper floor, ensuring efficient service throughout. The well-appointed kitchen bar includes a glass washer, icemaker, and coffee machine, enhancing its all-day functionality.
Upstairs, a private function room with balcony access offers flexibility for exclusive events or potential conversion to office or studio space. Security and compliance are already in place with CCTV, emergency lighting, sprinkler systems, and alarms installed. A secure car stacker on title ensures added convenience.
Whether you're looking to occupy, invest, or lease out, this is a rare dual opportunity to acquire both a thriving, ready-to-run venue and the freehold title-positioned for maximum exposure and growth in one of Melbourne's most sought-after commercial precincts.
Property History for 101/263a Springvale Rd, Glen Waverley, VIC 3150
- 14 Jan 2026Listed for Sale Contact Agent
- 19 Jun 2025Listed for Sale Contact Agent
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0About Glen Waverley 3150
The size of Glen Waverley is approximately 16.8 square kilometres. There are 53 parks, covering nearly 13.2% of the total area. The population of Glen Waverley in 2016 was 40327 people. By 2021 the population was 42642 showing a population growth of 5.7% in the area during that time. The predominant age group in Glen Waverley is 40-49 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation.In 2021, 69.30% of the homes in Glen Waverley were owner-occupied compared with 72.60% in 2016.
Glen Waverley has 19,992 properties. Over the last 5 years, Houses in Glen Waverley have seen a 4.17% increase in median value, while Units have seen a 6.24% increase. As at 31 July 2026:
- The median value for Houses in Glen Waverley is $1,691,515 while the median value for Units is $911,566.
- Houses have a median rent of $788 while Units have a median rent of $750.
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