81 Kingsway, Glen Waverley, VIC 3150

Retail

Sold

  • Property ID: 444938
  • Floor Area: 177m²
  • Land Area: 185m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 28/06/2024 177m2 185m2 Contact Agent
The Best of Kingsway Can Now Be Yours!

Stonebridge Property Group is pleased to present for sale 81 Kingsway, Glen Waverley.

The key highlights of the opportunity include:

- One of Kingsway most prolific freeholds, with a renowned tenant and untapped possibilities, is coming to market

- Leased by the highly rated ‘Bread King’ who have occupied the building for 7 years

- Flexible lease structures provide scope for significant rental growth in 2026* and complete site access (if desired) by 2031

- The underlying (185 sqm*) landholding benefits from prime Kingsway frontage and enviable rear access/exposure a major car park

- Ideally located in the heart of Kingsway’s activity centre, one of the highest performing retail precincts in Australia

- The Kingsway retail precinct is bolstered by the Vicinity owned shopping centre ‘The Glen’, Novatel Glen Waverley, Village Cinemas and Glen Waverley’s major train station - utilised by commuters 1.29 million commuters annually

- National retail groups established within the precinct include Grill’d, Chemist Warehouse, NAB, Gloria Jeans, KFC & more

- Only 100 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

81 Kingsway, Glen Waverley is offered for sale via Public On-site Auction on Friday 28th June 2024 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Kevin Tong ???
0422 848 818

Chao Zhang ??
0411 625 068

* Approximately

Property Code: 970

Glen Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $115 ---
Offices --- $318 ---
Retail --- $744 ---
This is the average advertised price, rent and yield for Glen Waverley, VIC 3150*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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