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.
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:
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