639 High Street Road, Mount Waverley

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AUCTION THURSDAY 2ND MAY AT 12 NOON ON-SITE

639 High Street Road

Mount Waverley

Property Details.

Aston are pleased to present 639 High Street Road, Mount Waverley for sale by public auction on Thursday 2nd May at 12 noon on-site. This opportunity provides all buyer types a chance to secure a freehold property leased until 2026 in a low-vacancy strip with upside for developers or owner occupiers looking to take this asset to the next level.

The property is prominently located on the corner of High Street Road and Blackburn Road and benefits from rear access with off street parking and large under-developed land.

LAND AREA 208m2*

ZONING

Commercial 1 Zone

m2

BUILDING AREA 91m2*

OCCUPY OR DEVELOP

Substantial under developed land to rear

LEASE DETAILS

Current rent $31,680 pa + GST & outgoings expiring March 2026

ACCESS

Rear access with off street parking

My Place on the Street.

My Locale.

MOUNT WAVERLEY 3149

Mount Waverley is located 16km south-east of Melbourne’s CBD and is renowned for its leafy streets and family-friendly atmosphere. It features parks, schools, and a bustling shopping village. The area’s bustling shopping precincts and dynamic community make it an ideal destination for businesses seeking growth and visibility.

WELL SERVICED BY

- 650m to Syndal Station

- 130m to Bus Routes 734 & 703

SHOPPING

- The Glen Shopping Centre

- Blackburn Road Shopping Strip

ARTERIAL ROADS

- Blackburn Road

- Monash Freeway

- Burwood Highway

EDUCATION

- Wesley College

- Huntingtower School

- Mount Waverley North Primary School

Lease & Tenant Details.

The property is currently leased to Edge Salon; a hair salon that has been in operation for many years. Popular amongst locals, Edge Salon’s 4.6 stars on Google Reviews is indicative of their strength as a tenant.

THE BREAKDOWN

TENANT: Sharoember Pty Ltd

TERM: 3 years (commenced on 10th March 2023)

EXPIRY: The lease expires on 9th March 2026

OPTIONS: No further options

RENT: $31,680.64 pa + GST

OUTGOINGS: Tenant pays all statutory outgoings

SECURITY DEPOSIT: Three (3) months’ rent + GST ($7,412)

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