LEVEL 1/253-269 Wellington RoadMulgrave VIC 3170
Property Details for Level 1/253-269 Wellington Rd, Mulgrave
Last Listing description (September 2026)
LAWD is pleased to exclusively present For Sale 253-269 Wellington Road, Mulgrave, a rare opportunity to secure an outstanding office asset with ultimate flexibility and potential within Melbournes tightly held south-east employment corridor.
The key highlights of the opportunity include:
Exceptional scale landholding of 9,355sqm*
109m* of prominent frontage and exposure to Wellington Road
Generous car parking provisions with 131 at-grade car parks
Flexible Special Use Zone (SUZ6)
Situated within the Monash Health, Education and Technology precinct
Value add permit for a hotel development situated within the car park
Excellent access and flexibility of permit for alternative redevelopment outcomes including additional office space / showroom / accommodation (STCA)
Seamless connectivity to M1 Monash Freeway, M3 Eastlink & Princes Highway
Ideally positioned to benefit from the Suburban Rail Loop (SRL) project delivering stations in Clayton, Monash & Glen Waverley
Premium asset offering flexibility within Melbournes premier commercial precinct
253-269 Wellington Road is For Sale by Private Sale
Please contact a member of the LAWD Development Team to discuss this opportunity or to receive an Information Memorandum (IM).
Henry Sayers 0412 318 813
Lukas Byrns 0423 791 126
Property History for Level 1/253-269 Wellington Rd, Mulgrave, VIC 3170
- 09 Sep 2026Listed for Sale 10000000.0000
- 09 Sep 2026Sold
- 10 Nov 2020Listed for Rent - Price not available
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About Mulgrave 3170
The size of Mulgrave is approximately 10.7 square kilometres. There are 40 parks, covering nearly 5.8% of the total area. The population of Mulgrave in 2016 was 19368 people. By 2021 the population was 19889 showing a population growth of 2.7% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation.In 2021, 74.80% of the homes in Mulgrave were owner-occupied compared with 75.40% in 2016.
Mulgrave has 9,444 properties. Over the last 5 years, Houses in Mulgrave have seen a -3.73% decrease in median value, while Units have seen a 3.13% increase. As at 31 August 2026:
- The median value for Houses in Mulgrave is $1,021,025 while the median value for Units is $832,178.
- Houses have a median rent of $675 while Units have a median rent of $670.
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