861-869 Waverley Road, Glen Waverley, VIC 3150

Investment | Retail

Sold

  • Property ID: 324363
  • Floor Area: 900m²
  • Land Area: 677m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 12/04/2019 900m2 677m2 Contact Agent
Retail Freehold Investment With Upside

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.

Constructed in the mid 70's and built to last, the property consists of seven separate tenancies showcasing a strong mix of long term local business' which include a dentist, beauty salon, convenience store ,chemist, butcher and license grocer.

Key building features.
- Rental Income: $175,392,00*
- Total building area of 900m2*
- Land area of 677m2*
- Commercial 1 Zoning
- Potential to strata subdivide

Situated in the tightly held suburb of Glen Waverley, 861-869 Waverley Road has easy access to Eastlink and Springvale Road.

*Approx
Pricing excludes GST.

Additional Information
Features
  • Zoning: Commercial 1 Zone
  • Lease Term: As Per Leases
  • Rent Review: As Per Leases
  • Car Spaces: 29 Shared On Council Land
Glen Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $115 ---
Retail --- $732 ---
Offices --- $429 ---
This is the average advertised price, rent and yield for Glen Waverley, VIC 3150*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 861-869 Waverley Road, Glen Waverley, VIC 3150. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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