54 Montclair Avenue, Glen Waverley, VIC 3150

Retail

For Lease

  • Property ID: 439223
  • Floor Area: 242m² - 589m²
Brand New Prime Restaurant & Hospitality Offering

Grandfield Property Group is pleased to offer for lease this upcoming brand new restaurant & hospitality opportunity located at 54 Montclair Avenue, Glen Waverley VIC 3150 by Expressions of Interest closing at 5PM Monday 18th December 2023.

Well located on the Ground floor, Mezzanine, First and Second Floors of the iconic ‘Kingsley’ apartment complex , these 6 commercial shops offers excellent Café & Restaurant and other hospitality opportunities. Key features of these commercial shops include:

* Suits Café, Restaurant, Food & Beverage, and other hospitality businesses (STCA)
* Cold Shell ready for customized fit-out
* Area: 242 m2 - 589 m2 approx.
* Flexible option to either lease individual shop or the whole floor for large scale restaurant concept
* Outstanding brand/signage exposure with visibility from Kingsway
* Tightly held location with high foot traffic
* Opportunity for late night trading (STCA)
* Ample public council parking nearby
* Front customer lift access and rear loading bay & goods lift access for delivery
* Walking distance to Village Cinema in the Century City Walk Shopping Mall
* Excellent public transport including Glen Waverley Railway Station and bus stops in close proximity
* Highly sought-after location next to Kingsway surrounded by shopping centers, local and national retailers, renowned cafe & restaurants including The Glen Shopping Centre, Century City Walk Shopping Mall, David Jones, Mocha Jo’s, Grill’d, Haidilao Hotpot etc.
* Expected construction completion soon in Q1 2024

Last chance to secure these great restaurant& hospitality spaces before the opportunity is gone.

For Lease by Expressions of Interest closing at 5PM Monday 18th December 2023.

For further information or to arrange a private inspection of the property please contact the leasing agent Grandfield Property Group Leasing Team.

Glen Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $115 ---
Retail $9459 $732 7.74%
Offices $9459 $429 4.54%
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 Lease

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:

  • 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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