GormanKelly is pleased to offer 452 Waverley Road, Malvern East for sale.

Offering an outstanding opportunity to secure a standalone two level office/retail freehold with rear access and onsite parking. The property provides a variety of different options suitable for owner occupiers, investors or developers for mixed use redevelopment.

▪ Two level well-presented retail/office building;
▪ Offered for sale with vacant possession;
▪ Building area 217m² with rear onsite parking;
▪ Suitable for Commercial or Residential development (STCA);
▪ Land area 284m² with rear access;
▪ Zoned Commercial 1;
▪ Fantastic location: Easy access to the Monash Freeway with East Malvern Railway Station just a short walk away.

The adjoining property at 444-450 Waverley Road is also for sale which comprises a total land area of 1,200m2 and existing buildings of 927m2. There is an opportunity to purchase 452 Waverley Rd together with the adjoining site or separately.

452 Waverley Road is located on the southern side of Waverley Road near the corner of Malvern Road and is located approximately 12km* from the Melbourne CBD. Malvern East is a highly after commercial and residential location due to its ease of access and close proximity to some of Melbourne’s most sought after and valuable residential suburbs.

The property is located in an established retail strip location with some more recent mixed use residential developments coming into the area over recent years. The property enjoys a fantastic location in close proximity to Monash University Caulfield, Chadstone Shopping Centre, Monash Freeway, local parks and East Malvern railway station.