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290 Waverley Road, Malvern East, VIC, 3145
Malvern East
Immediate income with longer-term development potential.^
GrayJohnson is pleased to offer for sale this ideally located commercial property in one of Melbourne's most desirable suburbs.
Currently leased to Ultratune, the property enjoys a favourable Commercial 1 zoning, providing the opportunity for a future mixed-use project.^
The Opportunity:
> Valuable landholding – 455 sqm*
> Excellent frontage to Waverley Road - 10 metres*
> Main road plus laneway access
> Returning $67,670 pa net
> Existing lease expires August 2022
> Favourable Commercial 1 zoning
> Flexibility to occupy, invest or develop^
The Location:
> Highly desirable mixed-use suburb enjoying significant redevelopment.
> Lively shopping strip location
> Close to cafes, restaurants, parks and schools
> Public transport at the door
> Easy access to major arterials including Monash Freeway and Princes Highway
EOI Closing Friday 10 December @ 1 pm
*approx
^STPA
Remember to mention you found this property on DevelopmentReady
Immediate income with longer-term development potential.^
GrayJohnson is pleased to offer for sale this ideally located commercial property in one of Melbourne's most desirable suburbs.
Currently leased to Ultratune, the property enjoys a favourable Commercial 1 zoning, providing the opportunity for a future mixed-use project.^
The Opportunity:
> Valuable landholding – 455 sqm*
> Excellent frontage to Waverley Road - 10 metres*
> Main road plus laneway access
> Returning $67,670 pa net
> Existing lease expires August 2022
> Favourable Commercial 1 zoning
> Flexibility to occupy, invest or develop^
The Location:
> Highly desirable mixed-use suburb enjoying significant redevelopment.
> Lively shopping strip location
> Close to cafes, restaurants, parks and schools
> Public transport at the door
> Easy access to major arterials including Monash Freeway and Princes Highway
EOI Closing Friday 10 December @ 1 pm
*approx
^STPA
Remember to mention you found this property on DevelopmentReady
290 Waverley Road, Malvern East, VIC, 3145
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
