88 Kingsway Glen Waverley VIC 3150
Property Details for 88 Kingsway, Glen Waverley
Last Listing description (October 2021)
The Savills sales team is delighted to offer for sale this exceptional retail investment property, with the following key attributes:
A perfectly positioned retail investment property poised for growth
Current net rental of $68,124p.a.* with excellent growth potential
5+5+5 year lease from 1 August 2011
Land area of 190sq m* (approx.) with a wide street frontage, plus rear laneway access
Future additional development and value-add potential
A super-prime retail property ideally positioned within the thriving Glen Waverley entertainment precinct, adjoining Century City Walk and the Novatel Hotel and opposite the Glen Waverley railway station.
For Sale by Auction Friday 28 March at 12 noon on-site
For further information please contact:
Joe Catanese +61 (0) 418 367 514
Julian Heatherich 0412 995 655
Property History for 88 Kingsway, Glen Waverley, VIC 3150
- 28 Mar 2014Sold for $3,610,000
- 03 Mar 2014Listed for Sale SOLD - Price Withheld
- 27 May 1980Sold
Recent sales nearby
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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 19,977 properties. Over the last 5 years, Houses in Glen Waverley have seen a -2.12% decrease in median value, while Units have seen a 2.26% increase. As at 31 August 2026:
- The median value for Houses in Glen Waverley is $1,630,802 while the median value for Units is $897,022.
- Houses have a median rent of $790 while Units have a median rent of $750.
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