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290 Waverley Road, Malvern East, VIC, 3145
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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

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