G01/34 Willow AvenueGlen Waverley VIC 3150
Property Details for G01/34 Willow Ave, Glen Waverley
Last Listing description (May 2021)
Located within the coveted Glen Waverley Secondary College Catchment, this multi-use
investment consists of a well appointed ground floor caf and 1st floor 3 bedroom 2 bathroom
apartment. The smart investor will benefit from the diversity of the tenancies and the ultimate capital growth that residential has come to enjoy.
Major Benefits include:
Commercial Caf:
• Floor area 135m2*
• Current rent: $27,276* plus outgoings plus GST
• Term 3 year lease with options
• Commercial 1 zone (CZ1)
• Grease trap and exhaust
• Polished concrete flooring with modern fit-out
Residential First Floor:
• Floor area 140m2* plus 16m2* of balcony
• Current rent: $27,372* residential lease
• Separate rear entrance
• 3 Bedrooms
• 2 bathrooms plus powder room
• Large kitchen/dining/living area
• 2 car spaces
Total rental return: $54,648* per annum plus outgoings on the commercial portion.
Total Floor Area: 275m2*.
The team is available and can accommodate COVID safe inspections by appointment. Please contact us for more information and scheduling.
For additional information please contact
Ben Ainsworth 0412 534 028 or Ryan Trickey 0400 380 438.
*Denotes approximate.
Property History for G01/34 Willow Ave, Glen Waverley, VIC 3150
- 04 May 2021Sold for $1,280,000
- 24 Feb 2020Listed for Sale FOR SALE
Recent sales nearby
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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 19,900 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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