LEVEL 1/255 Blackburn Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 1/255 Blackburn Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 255m2
Land area: 1266m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for Level 1/255 Blackburn Rd, Mount Waverley

Building Type
Commercial
Floor Size
255m2
Land Size
1266m2
Local Government
Monash
Lot/Plan
PC367805

Last Listing description (April 2023)

Colliers are pleased to present one of Melbourne's finest suburban office buildings for sale by Expressions of Interest. Located 17km's south-east of the Melbourne CBD, 255 Blackburn Road is one of metropolitan Melbourne's most prominent commercial office buildings. The building provides 1,722m* of total lettable area over three levels plus ample parking with 50 secure undercover car spaces.

To be sold with short-term leases in place, 255 Blackburn Road presents as a unique opportunity for an owner-occupier or investor to make it their own. Located only metres from Syndal Train Station, this is an extremely rare opportunity not to be missed.


Key features of this offering are outlined below:

Premium office building with a rare and enviable Blackburn Road address
Three-level office building with a total lettable area of 1,722m*
Substantial corner Commercial 1 land parcel of 1,266m*
Current configuration allows for multiple tenants/occupiers
Perfect for an owner occupier looking to make a statement
High ratio of parking with 50 on-site undercover car spaces
Flexible Commercial 1 zoning allows long-term development opportunities (STCA)
Tightly held suburban office market sets strong investment fundamentals
Well connected to public transport and major arterials Syndal Train Station 100 metres away
In close proximity to great amenity and lifestyle options such as Blackburn Road retail strip and The Glen Shopping Centre
Surrounded by some of Melbourne's finest education institutions including Wesley College, Monash University and Deakin University
Awarded a 3.5-Star NABERS Energy rating

*Approximately

For Sale via Expressions of Interest closing Wednesday 30th March at 3pm (AEST)
To arrange an inspection or for more information please contact the Colliers team as the exclusive selling agents.

Property History for Level 1/255 Blackburn Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$6,400,000
24 Dec 2007
Listed for Rent
$6/w
07 Jul 2022
  • 24 Feb 2022
    Listed for Sale EOI now closed offers under review
  • 20 Aug 2019
    Listed for Rent $48,000 / year
  • 21 Sep 2010
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 17,938 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:

  • The median value for Houses in Mount Waverley is $1,644,027 while the median value for Units is $1,113,510.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 66 properties listed for sale, and 54 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 739 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

Market Insights
Mount Waverley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Waverley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.