478-484 High Street Road, Mount Waverley, VIC 3149

Development/Land | Other

Sold

Sold

  • Property ID: 440671
  • Floor Area: 1350m²
  • Land Area: 4791m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 22/03/2024 1350m2 4791m2 Contact Agent
The Height Of High Street Road.

POINT OF INTEREST:
Available for Sale via Expression Of Interest closing Wednesday the 6th March 2024 at 3pm.

A beloved community church for some, a valuable piece of suburban land for others — however you see it, it’s worth a whole lot more when it’s sitting within your portfolio.

This strategically positioned site comprises 4,791sqm* of land, placed on a southeastern corner of the highest point of High Street Road. The substantial existing buildings are currently serving the community as a Church, with extensive improvements made throughout to facilitate several future uses. This is to say that an owner-occupier could utilise the vast space, and impressive 159 metre* street frontage, but there is also a significant opportunity here in developing amongst a high demand location and strong median house price exceeding $1,600,000. Adjoining the Mount Waverley Reservoir providing an irreplaceable island environment, favourable zoning and site conditions. This opportunity will support several development outcomes such as aged care, childcare, medical, town house project or a combination, to build within Mount Waverley’s soaring property outlook.

Amenity is in abundance with the Mount Waverley Train Station only 1.5 kilometres away, under 3 kilometres to the Glen Shopping Centre which has recently undergone a near $900 million dollar upgrade offering an array of shopping, multilevel residential and dining options, together with nearby primary and secondary colleges.

- 4,791 sqm* total land area.
- 1,350 sqm* total building area.
- General Residential zone.
- Ample onsite car parking areas.
- 159 m* frontage to a strategic southeastern corner.
- Positioned on the highest point of High Street Road.
- Extensive improvements including chapel, halls, offices, kitchen, dining area and gardens.
- 800 m* to Stephenson Road.
- 1.3km* to Syndal Railway Station
- 1.4 km* to Mount Waverley Station
- 2.1 km* to the Burwood Highway.

POINT OF VIEW:
When your western backyard will enjoy a neighbour free outlook, thanks to the Reservoir, some would call the whole package a commercial miracle. We just call it smart business.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Negotiable
  • Car Spaces: Ample onsite
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3234 $236 7.29%
Retail --- $312 ---
Offices $6142 $379 6.16%
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*
* 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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