62 Essex Rd, Mount Waverley is a 1 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 214m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Conveniently located in popular Essex Heights retail shopping strip with great signage potential and passing traffic, this property offers an abundance of potential for redevelopment, investment, business owner/occupiers.
Currently set up with 2 separate entrances - 1 leading upstairs to office suites and the other on the ground level with direct street frontage & set up with kitchen facilities suitable for cafe/takeaway business (STCA) here lies an opportunity to enhance this building with a renovation or redevelop as shop and offices or shop and residential dwelling (STCA) -
or leave as is and offer for rental for either one business or two - the choice is yours!
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 17,624 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:
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