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213-215 Blackburn Road, Mount Waverley
Stop choosing between today's returns and tomorrow's growth - 213-215 Blackburn Road Mount Waverley has both!
This Commercial 1 (C1Z) Zoned property is leased to a high-performing F&B tenant, generating a NET annual income of $238,702 plus recoverable outgoings.
This is a rare opportunity to acquire a premier commercial asset that delivers both substantial, immediate cash flow and significant future development potential.
Key Investment Highlights:
Secure Net Income: $238,702.50 p.a. + GST
Rent Increase PA - 3.0%
Hassle-Free Net Lease: Tenant pays all outgoings (excluding Land Tax).
Secure Tenancy: Leased until October 2028 with further options.
Substantial Landholding: 1,017 m² in a prime location.
Favourable Zoning: Flexible Commercial 1 Zone (C1Z).
Prime Connectivity: Walk to train station (300m) and near Glen Shopping Precinct (2km).
Future-Proof Potential: Clear scope for a 6+ level mixed-use development (STCA).
Strategic Flexibility: Includes a development clause embedded in the lease.
For the astute investor, this is a truly passive, "set & forget" investment, with upside. You get both! Enjoy stable returns from a secure lease structure while the tenant manages the property's outgoings. It provides immediate, substantial cash flow for your portfolio.
For the Visionary Developer / Land-Banker
Get paid to plan. This is a strategic opportunity to secure a major landholding in a prime location. Let the significant passing income cover your holding costs while you design and permit your future landmark project (STCA).
The Premier Tenant Covenant
The property is leased to a highly popular and well-regarded premium restaurant, ensuring stability and reliability.
• A renowned specialist in live seafood and Cantonese cuisine, attracting diners from all over Melbourne.
• Experiences high levels of foot traffic and consistent, proven patronage.
• Occupies a landmark building with excellent exposure, acting as a major drawcard for the area.
• A professional, long-standing business known for quality and reliability.
Properties offering this perfect blend of guaranteed income, a high-calibre tenant, and tangible future value are exceptionally rare.
For Sale via Expression of Interest (EOI), Closing Friday 12 December 2025 at 4:00 PM (AEDT)
To obtain a copy of the Information Memorandum or to arrange a private inspection, please contact the exclusive marketing agents.
Will Jonas
0422 883 011
Ryan Trickey
0400 380 438
Remember to mention you found this property on CommercialReady
213-215 Blackburn Road, Mount Waverley
Stop choosing between today's returns and tomorrow's growth - 213-215 Blackburn Road Mount Waverley has both!
This Commercial 1 (C1Z) Zoned property is leased to a high-performing F&B tenant, generating a NET annual income of $238,702 plus recoverable outgoings.
This is a rare opportunity to acquire a premier commercial asset that delivers both substantial, immediate cash flow and significant future development potential.
Key Investment Highlights:
Secure Net Income: $238,702.50 p.a. + GST
Rent Increase PA - 3.0%
Hassle-Free Net Lease: Tenant pays all outgoings (excluding Land Tax).
Secure Tenancy: Leased until October 2028 with further options.
Substantial Landholding: 1,017 m² in a prime location.
Favourable Zoning: Flexible Commercial 1 Zone (C1Z).
Prime Connectivity: Walk to train station (300m) and near Glen Shopping Precinct (2km).
Future-Proof Potential: Clear scope for a 6+ level mixed-use development (STCA).
Strategic Flexibility: Includes a development clause embedded in the lease.
For the astute investor, this is a truly passive, "set & forget" investment, with upside. You get both! Enjoy stable returns from a secure lease structure while the tenant manages the property's outgoings. It provides immediate, substantial cash flow for your portfolio.
For the Visionary Developer / Land-Banker
Get paid to plan. This is a strategic opportunity to secure a major landholding in a prime location. Let the significant passing income cover your holding costs while you design and permit your future landmark project (STCA).
The Premier Tenant Covenant
The property is leased to a highly popular and well-regarded premium restaurant, ensuring stability and reliability.
• A renowned specialist in live seafood and Cantonese cuisine, attracting diners from all over Melbourne.
• Experiences high levels of foot traffic and consistent, proven patronage.
• Occupies a landmark building with excellent exposure, acting as a major drawcard for the area.
• A professional, long-standing business known for quality and reliability.
Properties offering this perfect blend of guaranteed income, a high-calibre tenant, and tangible future value are exceptionally rare.
For Sale via Expression of Interest (EOI), Closing Friday 12 December 2025 at 4:00 PM (AEDT)
To obtain a copy of the Information Memorandum or to arrange a private inspection, please contact the exclusive marketing agents.
Will Jonas
0422 883 011
Ryan Trickey
0400 380 438
Remember to mention you found this property on CommercialReady
213-215 Blackburn Road, Mount Waverley, VIC, 3149
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
