Teska Carson is pleased to present 59 Hamilton Place, Mount Waverley via public auction on Friday 8th May at 12noon on-site.A rarely offered opportunity to invest in this highly regarded retail village boasting a high percentage of long standing tenants and consistently low vacancy. * Income: $95,968.55 per annum * Leased to Black Pepper a long-standing Australian Retailer with over 100 stores and stockists Australia wide * Build Area: 135sqm * Land Area: 141sqm * 5 x 5 year lease commenced January 2023 * Rear access with scope to provide dual retail frontagesHamilton Place is anchored by national retailers including IGA, Woolworths, Chemist Warehouse, CBA and ANZ and provides over 500 free council car parks and direct access to Mount Waverley Train Station.Please call for further information or to organise an inspection.
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 17,939 properties. Over the last 5 years, Houses in Mount Waverley have seen a 14.59% increase in median value, while Units have seen a 15.99% increase. As at 31 March 2026:
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