47 Marianne Way, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

47 Marianne Way
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 219m2
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Property Details for 47 Marianne Way, Mount Waverley

Building Type
Commercial
Land Size
219m2
Local Government
Monash
Lot/Plan
72/LP43619

Last Listing description (December 2022)

Jones Real Estate is pleased to present 'Hamlet', 47 Marianne Way, Mount Waverley to the market For Sale via Public On-Site Auction on Thursday 8th December at 10:30am.

This brand-new corner freehold investment is leased to one of Australia's most renowned hospitality operators, Only Hospitality, and is personally guaranteed by company director and industry titan Julien Moussi. Only Hospitality has now amassed a staggering 25 hospitality venues from 'Pavilion' in Geelong, the prestigious 'Bentwood' in Fitzroy, 'Buckley' in Sorrento and even a multi-level modern Australian pub 'Hotel Collingwood'.

The property is situated in the highly sought-after and affluent suburb of Mount Waverley home to young families, primary & secondary schools in addition to a large commercial workforce, the cornerstone foundations for a long term sustainable and successful hospitality venue.

Key highlights of this opportunity include:

- This blue-chip 'set and forget' investment is securely leased to distinguished operator 'Only Hospitality Group' who have 25 venues throughout Melbourne and is returning $75,000 per annum + GST & Outgoings.

- An outstanding ten (10) year initial lease until October 2032.

- Four (4) further optional terms of five (5) years potentially securing the property until 2052.

- Secured by a six (6) month bank guarantee and personal guarantee from Only Hospitality's Director Julien Moussi, further safeguarding the investment.

- Newly redeveloped into the key corner freehold it is today, offering 216sqm* of building area.

- Favourable Commercial 1 Zoning (C1Z) allowing for long-term redevelopment^.

*Approx.
^ Subject to council approval

For further information regarding this opportunity please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property History for 47 Marianne Way, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,330,000
09 Dec 2022
  • 09 Dec 2022
    Sold for $1,330,000
  • 16 Nov 2022
    Listed for Sale $1,150,000 - $1,250,000
  • 08 Oct 2021
    Sold for $630,000
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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 17,933 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.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 765 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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Cotality Copyright and Legal Disclaimers about Property Data
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.