22 Kerrie RoadGlen Waverley VIC 3150
Property Details for 22 Kerrie Rd, Glen Waverley
Last Listing description (November 2023)
Situated in the bustling Kerrie Road shopping district, this top-tier retail space presents an exceptional prospect for owner-occupiers, investors, and developers.
Kerrie Road's retail hub has undergone a recent transformation, drawing in innovative enterprises, and enriching this thriving local business scene. The sale of this property includes plans, permits, and intricate design drafts, enhancing its allure as a strategically positioned, versatile venue with substantial opportunities for development.
Property Highlights:
• Zoning: Commercial 1 Zone (CZ1)
• Development Potential: Plans and permits available for a ground floor shop and two two-bedroom apartments, complete with onsite parking facilities.
• Diverse Usage: Ideal for owner-occupiers, investors, and developers, offering substantial upside potential.
• Versatility: Suitable for immediate development, occupancy, or as a robust long-term investment in central Glen Waverley.
• Inclusions: Sale encompasses plans, permits, and working drawings, streamlining the development process.
• Accessibility: Convenient rear laneway access and ample rear public parking with 40+ car spaces, coupled with on-street angle parking on Kerrie Road, ensuring accessibility for clients and customers.
This property presents a multitude of options and a compelling investment prospect. Please do not hesitate to contact us for further information.
This rare opportunity in a prime location offers endless possibilities for the discerning buyer.
Auction: Thursday, 30 November 2023 at 1 pm on-site
Please contact the agents below for further information or to book an inspection:
Ryan Trickey | 0400 380 438
Will Jonas | 0422 883 011
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information, but does not constitute any representation by the Vendor or Agents.
Property History for 22 Kerrie Rd, Glen Waverley, VIC 3150
- 30 Nov 2023Sold for $770,000
- 26 Oct 2023Listed for Sale AUCTION
- 10 Feb 2020Listed for Sale FOR SALE
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0About 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.
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