Landmark Corner Development Opportunity in Melbourne’s Popular East
175 Waverley Road, Mount Waverley VIC
Description
+Prime, 2,258sqm corner landholding with combined 90.52m* frontage to Waverley Road and Hill View Avenue
+Strategic position on major arterial road with over 29,500 vehicles passing daily
+Superb access to Monash Freeway north and southbound (395 metres), the Melbourne CBD (15km*) and Chadstone Shopping Centre (2.7kms*) +Australia’s largest and world renowned shopping centre
+Easy access to major transport links including Mount Waverley Train Station, and several bus routes
+Current holding income of $89,409.74* net pa plus GST (expiring Sept 2022) with existing tenant keen to extend
+Flexible ‘GRZ’ Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA)
+Large selection of lifestyle amenity including Riversdale Gold Club, Valley Reserve, Mt Waverley Reserve and Sheerwood Park
+City of Monash: One of Melbourne’s largest municipalities home to over 203,501 people, as well as Monash University (Australia’s largest university) and provides healthcare for a quarter of Melbourne’s population (22)
*approx
Property Details