An exceptional opportunity has arisen to acquire this high profile corner location site with a secure income stream to be sold via an expressions of interest campaign closing Tuesday 7th December at 3pm.
Property features include:
* Income: $114,693 pa + GST + outgoings
Situated within the increasingly popular suburb of Mount Waverley, the property benefits from easy access to a number of main arterial routes in Warrigal Road and Monash Freeway, multiple private schools, Stephenson's Road shopping village and Chadstone Shopping Centre.
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 17,900 properties. Over the last 5 years, Houses in Mount Waverley have seen a 10.11% increase in median value, while Units have seen a 14.14% increase. As at 30 April 2026:
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