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Situated in the heart of Glen Waverley's thriving Kingsway precinct, this premium freehold building presents a unique opportunity for investors, owner-occupiers, and developers alike. With strong exposure, flexible layout, and significant long-term development potential, this is one of the most strategic acquisitions in Melbourne's eastern growth corridor.
Key Property Highlights
Approx. 342sqm building with two separate levels
Ground floor leased to a well-established tenant, generating strong holding income
First floor vacant - ideal for owner occupation, value-add leasing, or creative repositioning
Commercial 1 Zoning (C1Z) - enabling retail, office, hospitality, medical or residential use (STCA)
Development potential up to 6 levels / 22m (STCA) within a high-activity growth zone
Positioned just 110m from Glen Waverley Station and major bus interchange
Located opposite The Glen Shopping Centre and surrounded by elite food and retail operators
Future value boost from the upcoming Suburban Rail Loop directly servicing the area
A Rare Opportunity to Secure, Occupy or Grow
Whether you're looking for a secure income stream, a premium business location, or a future development site in one of Melbourne's most tightly held retail corridors - 97 Kingsway delivers all three.
For further information or to arrange an inspection, contact Ray White Judd White
Situated in the heart of Glen Waverley's thriving Kingsway precinct, this premium freehold building presents a unique opportunity for investors, owner-occupiers, and developers alike. With strong exposure, flexible layout, and significant long-term development potential, this is one of the most strategic acquisitions in Melbourne's eastern growth corridor.
Key Property Highlights
Approx. 342sqm building with two separate levels
Ground floor leased to a well-established tenant, generating strong holding income
First floor vacant - ideal for owner occupation, value-add leasing, or creative repositioning
Commercial 1 Zoning (C1Z) - enabling retail, office, hospitality, medical or residential use (STCA)
Development potential up to 6 levels / 22m (STCA) within a high-activity growth zone
Positioned just 110m from Glen Waverley Station and major bus interchange
Located opposite The Glen Shopping Centre and surrounded by elite food and retail operators
Future value boost from the upcoming Suburban Rail Loop directly servicing the area
A Rare Opportunity to Secure, Occupy or Grow
Whether you're looking for a secure income stream, a premium business location, or a future development site in one of Melbourne's most tightly held retail corridors - 97 Kingsway delivers all three.
For further information or to arrange an inspection, contact Ray White Judd White
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