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290 Waverley Road, Malvern East, VIC, 3145

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290 Waverley Road, Malvern East, VIC, 3145

290 Waverley Road, Malvern East, VIC, 3145

Properties / Buy / Victoria / Malvern East
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Other
Land Area
455 m² (*approx)
Selling Method
EOI: Contact Agent
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2. Property Highlights

Future Ready
  • Expansive frontage of 10 metres*
  • Valuable landholding of 455 sqm*
  • Main road plus laneway access

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

Read More

1. Property Summary

Property Type
Commercial
Sub-type
Office, Other
Land Area
455 m² (*approx)
Selling method
EOI: Contact Agent

2. Property Highlights

Future Ready
  • Expansive frontage of 10 metres*
  • Valuable landholding of 455 sqm*
  • Main road plus laneway access

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

Read More
Development Potential

3. Property Location

290 Waverley Road, Malvern East, VIC, 3145

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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