55-57 View Mount Road, Glen Waverley, VIC 3150 | Property Value & History | OnTheHouse
OFF MARKET

55-57 View Mount Road
Glen Waverley VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 24438m2
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Property Details for 55-57 View Mount Rd, Glen Waverley

Building Type
Commercial
Land Size
24438m2
Local Government
Monash
Lot/Plan
123/SP21566

Last Listing description (April 2023)

CBRE Australian Healthcare & Social Infrastructure is pleased to present 55 View Mount Road, Glen Waverley An impeccably maintained assisted living community, co-located adjoining Aveo's highly popular Oak Tree Hill Retirement Village featuring 149 Independent Living Units (ILU's).

+ High-quality existing assisted living improvements featuring 47 rooms (all single with ensuites) with significant renovation or expansion potential for Aged or Healthcare related users (STCA)


+ Underlying land area of 10,500sqm* allowing significant expansion or redevelopment potential

+ Adjoining Aveo's Oak Tree Hill Retirement Village an established and higher popular community with 149* Independent Living Units plus community amenity https://www.aveo.com.au/communities/oak-tree-hill/facilities-and-activities/

+ Zoned General Residential and suited to a variety of end users of Aged Care and Healthcare (STCA)

+ Existing building area of 3,200sqm* across a single storey and offered with vacant possession

+ Ample at grade parking across two separate open-air bays

LOCATION

+ Positioned in the centre of a desirable residential pocket and only 1.8km* to the Glen Waverley Activity Centre, a unique cluster of Melbourne's best leisure, entertainment and hospitality offerings A 7 day precinct including, Kingsway Retail Strip, The Novotel, The Glen (Vicinity Centres) and more

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

+ A stone's throw to diverse lifestyle amenity featuring, bustling cafes and restaurants plus a wide array of lifestyle amenity including Brentwood Preschool and Brentwood Reserve all within immediate walking distance

+ Blue-chip Eastern Melbourne location with booming median house price growth of 23%* in the past 2 years and a current median house price of $1,692,000*

UNDER EXCLUSIVE DUE DILIGENCE

Given 55 View Mount Road, Glen Waverley is within an Aveo retirement village, the successful purchaser/end-user must be deemed compatible with the existing community which surround them.

For further information, please contact the exclusive sale/leasing and marketing agents:

Marcello Caspani-Muto
+61 417 065 777

Jimmy Tat
+61 439 399 118

Sandro Peluso
+61 418 389 757

approx*

Property History for 55-57 View Mount Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
  • 30 Aug 2022
    Listed for Sale Contact Agent
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About 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 19,895 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.
There are currently 101 properties listed for sale, and 42 properties listed for rent in Glen waverley on OnTheHouse. According to Cotality's data, 762 properties were sold in the past 12 months in Glen waverley.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.