THE PROPERTY
First time offered for sale since 1983, this freehold opportunity offers versatile 'Mixed Use Occupation' (C1Z - Zoning). Positioned within an established Mount Waverley shopping strip, this retail shopfront connecting to residential space presents an exceptional opportunity for owner occupiers and investors alike. Currently trading and set up as a hairdressing salon, with potential for an array of exciting businesses, the property features an attractive faade with inviting large windows, opening to an expansive, light-filled shopfront with floorboards underfoot. Nestled behind, discover a well-appointed residential space complete with a skylit kitchen comprising oven and gas cooktop, with a side door opening to the side path which leads to stairs taking you up to an elevated paved area with clothesline. A carpeted living zone with wall heater for comfort rests behind, with three bedrooms off the hall and a chic bathroom/laundry completing the interior. Set at the rear, a generous garage with under-stair storage and rear alley access adds further convenience, all ideally positioned close to Huntingdale and High Street roads.
THE FEATURES
The size of Mount Waverley is approximately 15.2 square kilometres. There are 41 parks, covering nearly 11.6% of the 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 17,973 properties. Over the last 5 years, Houses in Mount Waverley have seen a 2.67% increase in median value, while Units have seen a 7.97% increase. As at 30 June 2026:
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