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407/39 Kingsway
Glen Waverley VIC 3150

Bedrooms: -
Bathrooms: -
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Floor area: 110m2
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Prime Glen Waverley Office Space - A Solid Investment

This meticulously maintained office space, strategically located in the heart of Glen Waverley's bustling activity centre, offers savvy investors a compelling investment opportunity.
Key Investment Highlights:
• Long-Term, Secure Income: Benefit from a solid 22-year lease, ensuring a consistent income flow until August 2025.
• Rent $54,590 pa plus GST
• Prime Location: Positioned opposite the area's most active transport hub, ensuring excellent visibility and accessibility.
• Modern, Well-Equipped Workplace: The fully fitted office space provides a contemporary and efficient working environment, complete with ample natural light and essential amenities like close customer parking, a well-equipped kitchenette, communal amenities, and a close to all that Kingsway Glen Waverley has to offer.
• Strong Tenant: The property is leased to a reputable, established tuition business.
Don't Miss This Opportunity!
Please Contact :
Ryan Trickey 0400 380 438
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Property Details for 407/39 Kingsway, Glen Waverley

Building Type
Commercial
Floor Size
110m2

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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 19,701 properties. Over the last 5 years, Houses in Glen Waverley have seen a 20.78% increase in median value, while Units have seen a 12.26% increase. As at 30 November 2024:

  • The median value for Houses in Glen Waverley is $1,701,722 while the median value for Units is $915,173.
  • Houses have a median rent of $700 while Units have a median rent of $670.
There are currently 73 properties listed for sale, and 64 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 747 properties were sold in the past 12 months in Glen waverley.

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Ryan Trickey
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Will Jonas
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RWC Glen Waverley
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