41 Martin PlaceGlen Waverley VIC 3150
Property Details for 41 Martin Pl, Glen Waverley
Last Listing description (June 2026)
41 Martin Place, Glen Waverley
AUCTION - Thursday 4 June 2026 at 1 pm (On Site)
A rare and versatile freehold commercial premises, 41 Martin Place offers an exceptional platform for owner-occupiers, investors, or developers to secure a foothold in one of Melbourne's most tightly held and economically resilient precincts. Offered with vacant possession, this property provides immediate flexibility in a market defined by scarcity.
KEY PROPERTY ATTRIBUTES
• Building Area: Approx. 133 sqm of highly functional and well-presented retail or professional office space.
• Land Area: Approx. 190 sqm freehold title - no common property or body corporate fees.
• Rear Yard: A significant 57 sqm external yard, ideal for loading, secure storage, or potential expansion (STCA).
• Zoning: Commercial 1 Zone (C1Z) - Under the Monash Planning Scheme, this permits as-of-right use for Retail, Office, Medical, and Food/Beverage (no permit required for use).
• Car Parking: Includes 2 dedicated on-site car spaces with easy access.
• Frontage: Prominent street presence in a traditional retail village with excellent passing trade and on-street customer parking.
PRIME STRATEGIC LOCATION
Situated within the Glen Waverley Major Activity Centre, the property is surrounded by affluent residential catchments and major infrastructure:
• Education Powerhouse: Confirmed location within the prized Glen Waverley Secondary College (GWSC) zone, driving long-term land value.
• Connectivity: Only 1.2km to Glen Waverley Train Station and 1km to the 'Kingsway' dining and entertainment precinct.
• Economic Hub: Moments from The Glen Shopping Centre and the Monash National Employment and Innovation Cluster (MNEIC).
• Major Arterials: Rapid access to Springvale Road, High Street Road, and the Monash Freeway (M1).
WHY 41 MARTIN PLACE?
This is a strategic holding in a blue-chip growth corridor. With the upcoming Suburban Rail Loop (SRL) set to transform Glen Waverley into a major regional interchange, freehold assets of this calibre are increasingly difficult to source. Whether you are looking to occupy for your own business, secure a high-yielding medical tenant, or land bank for future development, 41 Martin Place represents the pinnacle of suburban commercial investment.
• AUCTION - Thursday 4 June 2026 at 1 pm (On Site)
For further information or to arrange a private inspection, please contact:
Ryan Trickey 0400 380 438
Will Jonas 0422 883 011
*Approximate only. All interested parties should make their own enquiries to verify the information contained herein.
Property History for 41 Martin Pl, Glen Waverley, VIC 3150
- 04 Jun 2026Sold
- 24 Apr 2026Listed for Sale Auction
- 15 Nov 2023Sold for $620,000
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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 19,900 properties. Over the last 5 years, Houses in Glen Waverley have seen a 5.99% increase in median value, while Units have seen a 9.84% increase. As at 30 June 2026:
- The median value for Houses in Glen Waverley is $1,722,919 while the median value for Units is $948,555.
- Houses have a median rent of $785 while Units have a median rent of $748.
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