FOR SALE
$398,000 - $430,000

22/1 Ricketts Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 97m2
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GREAT INVESMENT LARGE OFFICE

Located on a corner position, with close proximity to Monash freeway and only short drives to Chadstone Shopping Centre and Pinewood Shopping Centre, this is a large modern office on the top floor. The property is a long term tenant, with the lease currently until September 2026 with a monthly rental of $2200 per month, which represents a great investment.

Property Details for 22/1 Ricketts Rd, Mount Waverley

Building Type
Commercial
Floor Size
97m2

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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2011 was 32,077 people. By 2016 the population was 33,613 showing a population growth of 4.8% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation. In 2011, 76.8% of the homes in Mount Waverley were owner-occupied compared with 74.2% in 2016.

Mount Waverley has 17,622 properties. Over the last 5 years, Houses in Mount Waverley have seen a 20.49% increase in median value, while Units have seen a 19.43% increase. As at 30 November 2024:

  • The median value for Houses in Mount Waverley is $1,650,245 while the median value for Units is $1,116,097.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 60 properties listed for sale, and 19 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 632 properties were sold in the past 12 months in Mount waverley.

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Vic Apakian
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