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Nai Harcourts Monash Commercial - GLEN WAVERLEY

97 Kingsway Glen Waverley, VIC 3150

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97 Kingsway,
Glen Waverley, VIC 3150

Shops & Retail

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Sale - Auction Fri 12 Jul

AUCTION

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Nai Harcourts Monash Commercial - GLEN WAVERLEY
Anita Meng
Jason Bertram

Nai Harcourts Monash Commercial - GLEN WAVERLEY

17 Leicester Avenue Glen Waverley
GLEN WAVERLEY, VIC 3150
Nai Harcourts Monash Commercial - GLEN WAVERLEY
97 Kingsway
Glen Waverley, VIC 3150

Detailed listing

Map of 97 Kingsway

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  • Train stations within 5 km of 97 Kingsway, Glen Waverley, VIC 3150Distance
    Glen Waverley Station218 m
    Syndal Station1.3 km
    Mount Waverley Station3.2 km
    Jordanville Station4.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 97 Kingsway, Glen Waverley, VIC 3150Distance
    72-Lakeside Dr/Burwood Hwy (Burwood East)3 km
    74-Stanley Rd/Burwood Hwy (Vermont South)3 km
    71-Sevenoaks Rd/Burwood Hwy (Burwood East)3.1 km
    70-Blackburn Rd/Burwood Hwy (Burwood East)3.4 km
    68-Benwerrin Reserve/Burwood Hwy (Burwood East)3.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 97 Kingsway, Glen Waverley, VIC 3150Distance
    Monash Civic Centre/Springvale Rd (Glen Waverley)195 m
    Ingram AveSpringvale Rd359 m
    129 Coleman Pde431 m
    The Glen Shopping CentreSpringvale Rd466 m
    Beacon St/Springvale Rd (Glen Waverley)473 m
    POWERED BY HERE ©
POWERED BY HERE ©

Secure Your Piece of Kingsway's Finest

- Exceptional Property Attributes
- Substantial Growth Opportunities
- Prime Retail Destination

Key Highlights of the Opportunity:

Prominent Building: 342 sqm building with dual income streams.

Strong Returns: Generating a combined return of $387,982 plus GST / outgoings. ( Ground Level 5 year lease with 3x5 year options and First Floor 5 Year lease )

Prime Location: Located opposite the newly refurbished Glen Shopping Centre and within an area projected for $1 billion in development.

Development Potential: Significant future development potential of up to 6 levels (22m) (STCA).

Favorable Zoning: Commercial 1 Zoning.

Connectivity: Just 110m from Glen Waverley train station, a major bus interchange, ensuring a steady flow of customers.

Future Enhancements: Connectivity will be further enhanced by the proposed Suburban Rail Loop, a new underground rail network connecting Melbourne's suburbs.

97 Kingsway, Glen Waverley offers a rare chance to acquire a dual income property in what is arguably Melbourne's most iconic retail strip.

These opportunities present unique investment prospects in Glen Waverley's bustling retail environment. NAI Harcourts for more information or to arrange inspections.

Property ID: 504609532Last Updated: 1 Jul 2024

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