FOR RENT
FOR LEASE

1/113-115 Kingsway
Glen Waverley VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 435m2
Land area: 435m2
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PRIME CORNER PROFILE HEADLINING KINGSWAY

This is a rare opportunity to secure one of Kingsway's biggest street presences, with over 40m* of advertising space facing both Kingsway and Bogong Avenue, and the first property many visitors will see upon entering central Glen Waverley.
Previously operating as a karaoke bar with a liquor license and permits for up to 100 seats, the property now presents 16 individual rooms, complementing the open bar/lounge area and balcony. Each room has air conditioning and some with individual amenities suitable for a similar business or restaurant use.
Property features:
• 435m2* first-floor space
• Potential for multiple uses (STCA)
• Kitchen/cool room
• Ground floor reception/entrance
• 16 individual rooms
• Permit for up to 100 seats
• 40m* advertising fronting Kingsway and Bogong Avenue
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Property Details for 1/113-115 Kingsway, Glen Waverley

Building Type
Commercial
Floor Size
435m2
Land Size
435m2

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About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.

Glen Waverley has 19,566 properties. Over the last 5 years, Houses in Glen Waverley have seen a 25.47% increase in median value, while Units have seen a 12.61% increase. As at 31 October 2024:

  • The median value for Houses in Glen Waverley is $1,720,848 while the median value for Units is $922,039.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 108 properties listed for sale, and 65 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 742 properties were sold in the past 12 months in Glen waverley.

Suburb Insights for Glen Waverley 3150

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Ryan Trickey
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RWC Glen Waverley
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.