SOLD
Sold on 06 Sep 2024 for $755,000

639 High Street Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 209m2
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Property Details for 639 High Street Rd, Mount Waverley

Building Type
Commercial
Land Size
209m2
Local Government
Monash
Lot/Plan
1/LP79877

Last Listing description (January 2022)

GormanKelly is pleased to offer 639 High Street Road, Mount Waverley for sale via Public Auction on Thursday 16th December 2021 at 12 pm on-site.

This strategically positioned investment opportunity is summarised by the following key attributes:

- High profile self-contained shop located on the corner of High Street Road & Blackburn Road

- Building area of 76 sqm (approx).
- Three (3) lease to Sharoamber Pty Ltd with one (1) further term of three (3) years
- Currently returning $26,490.12 net per annum plus GST and outgoings
- Easy access to major eastern and south eastern arterial roads
- Generous parking available at the rear
- Large display front windows
- High volume of passing traffic providing great exposure
- 600 metres from Syndal Train Station

Please contact Nick Breheny or Manny Galanos for further information or to arrange an inspection.

Property History for 639 High Street Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$755,000
06 Sep 2024
Listed for Rent
03 Mar 2017
  • 06 Sep 2024
    Sold for $755,000
  • 16 Dec 2021
    Sold for $740,000
  • 19 Nov 2021
    Listed for Sale Contact Agent
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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 17,536 properties. Over the last 5 years, Houses in Mount Waverley have seen a 22.51% increase in median value, while Units have seen a 19.94% increase. As at 31 October 2024:

  • The median value for Houses in Mount Waverley is $1,649,002 while the median value for Units is $1,127,316.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 40 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 618 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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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.