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Stonebridge Property Group - Melbourne

89 Kingsway Glen Waverley, VIC 3150

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89 Kingsway,
Glen Waverley, VIC 3150

Shops & Retail • Other

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Stonebridge Property Group - Melbourne
Nic Hage
Rorey James
Sarah Xi 席子棠

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
89 Kingsway
Glen Waverley, VIC 3150

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Kingsway's Most Prominent Corner Leased to Global Fast Food Operator

  • Iconic Kingsway Corner
  • Leased to National Tenant Grill’d
  • Most Tightly Held Retail Precinct
Stonebridge Property Group is pleased to present for sale 89 Kingsway, Glen Waverley, an iconic corner in the most tightly held retail precincts in Melbourne.

The key highlights of the opportunity include:

- Prominent 368 sqm** corner building with invaluable 34 m* street frontage

- 5 year net lease to national fast food tenant Grill’d with 155+ restaurants nationally

- Opposite the newly refurbished Glen Shopping Centre as well as $1 billion of forecasted development in the surrounding area

- Highly valuable future development potential of 6 levels (22 m^)

- Favourable Commercial 1 Zoning with potential for alternate uses including apartments, office, medical or child care (STCA)

- Only 110 m* away from Glen Waverley train station which serves as a major bus interchange and the train line itself provides connectivity to a variety of Melbourne’s most prestigious suburbs and the CBD, also providing a consistent stream of customers into the retail zone

- 89 Kingsway’s connectivity to all areas of Melbourne will be greatly enhanced by the proposed Suburban Rail Loop; a new underground rail network connecting Melbourne’s suburbs

89 Kingsway, Glen Waverley presents a rare opportunity to acquire a Kingsway corner in arguably the most iconic retail strip in Melbourne.

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Jacob Biviano
0416 088 586

Sarah Xi
0468 320 2...

* Approximately
^ Design and Development Overlay – Schedule 12
**Gross Building Area

Property Code: 539

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Property ID: 504196519Last Updated: 14 Aug 2023

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