INVEST TODAY, OCCUPY/DEVELOP TOMORROW
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639 High Street Road, Mount Waverley VIC 3149

Auction 02/05/24

RetailSize: n/a
Block size: 208 m² approx.
Aston are pleased to offer 639 High Street Road, Mount Waverley for Private Sale.

This opportunity provides all buyer types a chance to secure a property leased until 2026 in a low-vacancy strip with upside for developers or owner occupiers looking to take this asset to the next level. The property is prominently located on the corner of High Street Road and Blackburn Road and benefits from rear access with off street parking and large under-developed land.

Property highlights:

Tightly held location
Land area: 208 sqm*
Building area: 91 sqm*
Holding income until March 2026
Premium main road corner location
Flexible Commercial 1 Freehold
Rear access with off street parking
Substantial underdeveloped land to the rear
Strong potential future upside

Currently the space is leased to Edge Salon returning $31,680 per annum + GST + Outgoings. A popular salon in the area which boasts reviews of 4.6/5 stars on Google.

Prominently located in the middle of a suburban retail strip of shops with rear access and off street parking. The property is moments from Mount Waverley Train Station, Mount Waverley Secondary College, Wesley College & Huntingtower School. The area is well regarded and there are numerous developments either completed or underway in the immediate vicinity.

For further information or to arrange an inspection please contact Aston today.

*approx

Inspections

No open inspections scheduled.

Send an enquiry

Contact Sebastian Origlia to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
4
Property type:
Retail
Block Size:
208 *

Other Details

Lot:
1
Plan:
LP79877
Legal description:
1\LP79877
Aston Commercial

Maps and area information

Block information
Block size: 208 (approx)
Legal description: 1\LP79877
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
05 Jan 2022
Sold
GormanKelly
Listed: 08/12/2021
Transfer type: Full transfer

Mount Waverley suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
35,340
Listing ID: 182421796. This listing has been viewed 1 time. It was first displayed on 04/04/2024 and last updated on 02/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.