57 Marianne Way, Mount Waverley, VIC 3149 sold on 31 March 2025 | OnTheHouse
SOLD
Sold on 31 Mar 2025 for $1,020,800

57 Marianne Way
Mount Waverley VIC 3149

Bedrooms: 1
Bathrooms: -
Car spaces: 2
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Property Details for 57 Marianne Way, Mount Waverley

Building Type
Commercial
Local Government
Monash
Lot/Plan
77/LP43619

Last Listing description (October 2023)

Superb Commercial Opportunity, Development Potential

Capturing a superb position within a small group of retail and commercial premises, on a busy street capturing significant foot and vehicle traffic (nearby to Mount Waverley Secondary College), this is an opportunity to secure an adaptable retail property of 224sqm floorspace (approx.), with exceptional potential for a multitude of uses.

The front showroom (or restaurant floor) offers 130sqm of level open space, with concrete floors and high 2.9m ceilings. There's 32sqm of central space for kitchen and washrooms, as well as a large rear workshop or car parking area of 62sqm opening via roller door to the 6m wide laneway (open at both ends).

Further potential can be realised, with possible development up to 9m in height (STCA) to take advantage of views to the Dandenongs and the city, in a location that places you minutes to Monash Freeway and Eastlink and easy access to sought-after local schools.

Additional features include solar power, alarm security, full cabling for internet/NBN/phone lines, three phase power, gas connection. Everything you need for the business of your dreams.

Property History for 57 Marianne Way, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,020,800
31 Mar 2025
  • 19 Oct 2021
    Listed for Sale Contact Agent
  • 14 Apr 2021
    Listed for Sale $1,700,000 - $1,870,000
  • 10 Jan 2020
    Listed for Sale Sale: $1,450,000 | Lease: $66,600 pa + GST
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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 30 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 766 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.