56 Osullivan Road, Glen Waverley, VIC 3150 | Property Value & History | OnTheHouse
 
OFF MARKET

56 Osullivan Road
Glen Waverley VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 708m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 56 Osullivan Rd, Glen Waverley

Building Type
Commercial
Land Size
708m2
Local Government
Monash
Lot/Plan
6/SP23237

Last Listing description (March 2022)

This excellent retail investment boasts prime position opposite the recently completed $500 million redevelopment of the Glen Shopping Centre and Sky Garden Residential Towers.

As well as being situated in the middle of the retail precinct, the property is close to major arterials and a growing residential population in Melbourne's east. The property is well serviced by public transport with train stations and several bus services stopping nearby.


Key Property Features:
- Outstanding corner exposure
- Commercial 1 Zone
- Retail area of 82 m2
- Wide street frontage
- Opposite Sky Garden and The Glenn Shopping Centre

Lease Detail Summary:
- Lease to popular hairdresser and stylist
- 5+5+5 year lease July 2020 (expiring 2035)
- Current rent $46,000 pa + GST + outgoings
- Annual increases and regular market reviews
- Security deposit and Directors guarantees


Please do not hesitate to contact the exclusive selling agents with any queries or to arrange a private inspection.

James Gregson
+61 421 516 480

Martin Huang
+61 416 161 166

Andrew Hewett
+61 418 439 388

Note: All figures are approximated, inspections subject to any current government restrictions and prospective buyers should refer the sales documentation prior to submitting any offer.

Show More

Property History for 56 Osullivan Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$1,650,000
08 Feb 2022
Listed for Rent
$10k/w
29 Jun 2020
  • 08 Feb 2022
    Sold for $1,650,000
  • 16 Aug 2021
    Listed for Sale Contact Agent
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 19,900 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.
There are currently 99 properties listed for sale, and 51 properties listed for rent in Glen waverley on OnTheHouse. According to Cotality's data, 748 properties were sold in the past 12 months in Glen waverley.

Glen Waverley Profile Page

Suburb Insights for Glen Waverley 3150

Visit Glen Waverley profile page
Market Insights
Glen Waverley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Glen Waverley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Glen Waverley profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED