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175 Waverley Road, Mount Waverley, VIC 3149

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175 Waverley Road, Mount Waverley, VIC 3149

175 Waverley Road, Mount Waverley, VIC 3149

Properties / Sold / Victoria / Mount Waverley
Development Potential

1. Property Summary

Property Type
Residential
Land Area
2,258 m² (*approx)
Selling Method
EOI: Price on Request
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2. Property Highlights

Landmark Corner Development Opportunity in Melbourne's Popular East
  • Prominent 2,258sqm corner landholding
  • Prime and highly sought location
  • Flexible GRZ Zoning

+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

+Mount Waverley median house price of $1,585,000** with 14%** growth over the past 12 months representing significant underlying land value

+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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Land Area
2,258 m² (*approx)
Selling method
EOI: Price on Request

2. Property Highlights

Landmark Corner Development Opportunity in Melbourne's Popular East
  • Prominent 2,258sqm corner landholding
  • Prime and highly sought location
  • Flexible GRZ Zoning

+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

+Mount Waverley median house price of $1,585,000** with 14%** growth over the past 12 months representing significant underlying land value

+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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

175 Waverley Road, Mount Waverley, VIC 3149

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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175 Waverley Road, Mount Waverley, VIC 3149 Mount Waverley