Future Perfect

290, Waverley Road, MALVERN EAST, VIC, 3145

Overview

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
> Favourable Commercial 1 zoning
> Flexibility to occupy, invest or develop^

The Location:
> Highly desirable mixed-use suburb enjoying significant redevelopment.
> Vibrant 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

Auction Tuesday 28 March @ 11 am

*approx
^STPA

Key Details

Status
Sold
Type
Industrial/Warehouse

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