SOLD
RECENT ADVICE
Sold on 29 Aug 2024 for $4,400,000

193 Coleman Parade
Glen Waverley VIC 3150

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 230m2
Sold By
Teska Carson
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Property Details for 193 Coleman Pde, Glen Waverley

Building Type
Commercial
Land Size
230m2
Local Government
Monash
Lot/Plan
1/LP13459

Last Listing description (July 2024)

Teska Carsonis pleased to present for sale 193 Coleman Parade, Glen Waverley for Public Auction on Thursday 29 August at 12pm on-site.The key highlights of the opportunity include:- Leased by the highly rated The Lucky Guys Caf boasting an exceptional 7 day trade from 9am 8pm- Annual rental increases with market review at option- The underlying (230 sqm*) landholding benefits from three street frontages and enviable exposure to Springvale Road and a major car park- Ideally located in the Kingsway 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, Novotel Glen Waverley, Village Cinemas and Glen Waverleys major train station - utilised by 1.29 million commuters annually- Only 250 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 Melbournes most prestigious suburbs and the CBD, also providing a consistent stream of customers into the retail zone193 Coleman Parade, Glen Waverley is offered for sale via Public Auction on Thursday 29th August at 12pm on-site (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.*approx

Property History for 193 Coleman Pde, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$4,400,000
29 Aug 2024
Listed for Rent
$3.64k/w
16 Jun 2020
  • 29 Aug 2024
    Sold for $4,400,000
  • 25 Jul 2024
    Listed for Sale Contact Agent
  • 25 Mar 2020
    Listed for Rent - Price not available
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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 19,660 properties. Over the last 5 years, Houses in Glen Waverley have seen a 35.72% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:

  • The median value for Houses in Glen Waverley is $1,726,707 while the median value for Units is $945,719.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 81 properties listed for sale, and 40 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 771 properties were sold in the past 12 months in Glen waverley.

Suburb Insights for Glen Waverley 3150

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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.