This outstanding property presents a significant opportunity for astute investors or business owners to acquire a highly exposed and diverse site. The building offers much more than you would expect, with polished concrete floors and a glass fronted boardroom on mezzanine level, it is a versatile building and has the potential to be adapted to suit a range of commercial outcomes including medical, allied health, office, retail, or showroom (STCA). This property is ideally situated in close proximity to an abundance of retail and shopping amenities and provides fast easy access to the CBD and to the Western Freeway.
Specifically, this property presents the following key attributes:
- High visibility on main arterial road at major traffic light intersection
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,660 properties. Over the last 5 years, Houses in Wendouree have seen a 30.67% increase in median value, while Units have seen a 38.20% increase. As at 30 April 2026:
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