324 Stephensons RoadMount Waverley VIC 3149
Property Details for 324 Stephensons Rd, Mount Waverley
Last Listing description (July 2025)
RWC Oakleigh is pleased to present 324a Stephensons Road, Mount Waverley for lease.
The property offers a highly flexible 789 sqm* landholding within the Mount Waverley Activity Centre which is underpinned by national retailers, parklands, and major links to the Melbourne CBD (16 km*) via Mount Waverley Train Station or Monash Freeway (1.4 km*).
This versatile medical offering provides a chance for any clinic or allied health professionals to establish a new practice or consolidate multiple centres to a single location, the property is well supported by a vibrant surrounding medical precinct given the existing medical buildings onsite.
Recently renovated and located close to Woolworths, amidst a thriving retail hub, and within close proximity to the Monash Freeway and Eastlink, this is a once in a lifetime opportunity to secure a premises that uniquely provides for future growth and or the possibility of downsizing.
Building area over Two (2) levels | 214m*
Large reception with inbuilt storage and desk
Eight (8) consultation rooms with inbuilt desks and storage
Kitchen and storage areas
Common amenities on each floor.
Seventeen (17) car spaces in total across 3 buildings
Existing improvements comprise two medical buildings with existing use rights and centrally located in highly active health and wellness precinct
Immediate vicinity to Mount Waverley Medical Centre, Melbourne Pathology, Purruna Medical Centre and Waverley Private Hospital
Located within the Mount Waverley Activity Centre and a part of the Mount Waverley Activity Centre Structure Plan, providing a direct vision for the precinct to 2036
Zoned General Residential boasting 19 m* frontage to Stephensons Road Short walk to all major Mount Waverley retail amenity namely, Woolworths (50 m*), Chemist Warehouse (325 m*), Ritchies IGA (325 m*) and Bakers Delight (250 m*)
Immediate access to transport including Mount Waverley Train Station, Monash Freeway, and several nearby bus routes
Large selection of lifestyle amenity including Riversdale Golf Club, Valley Reserve, Mt Waverley Reserve and Sheerwood Park
Inspection will impress nothing to do but move straight in and start operating.
Landlord offering incentives to approved tenant
Inspections are reserved by private appointment. Contact the agent to find out more.
George Kelepouris | 0425 798 677
Jonathan On | 0479 003 122
* All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 324 Stephensons Rd, Mount Waverley, VIC 3149
- 27 Jul 2025Listed for Rent $50,000 / year
- 16 Sep 2024Listed for Rent $50,000 / year
- 19 Aug 2022Sold for $1,756,000
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About Mount Waverley 3149
The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2016 was 33611 people. By 2021 the population was 35340 showing a population growth of 5.1% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation.In 2021, 73.40% of the homes in Mount Waverley were owner-occupied compared with 74.20% in 2016.
Mount Waverley has 17,935 properties. Over the last 5 years, Houses in Mount Waverley have seen a 26.23% increase in median value, while Units have seen a 23.05% increase. As at 31 December 2025:
- The median value for Houses in Mount Waverley is $1,676,845 while the median value for Units is $1,133,686.
- Houses have a median rent of $720 while Units have a median rent of $675.
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