Stonebridge Property Group is pleased to present for sale 81 Kingsway, Glen Waverley.
The key highlights of the opportunity include:
- One of Kingsway most prolific freeholds, with a renowned tenant and untapped possibilities, is coming to market
- Leased by the highly rated 'Bread King' who have occupied the building for 7 years
- Flexible lease structures provide scope for significant rental growth in 2026* and complete site access (if desired) by 2031
- The underlying (185 sqm*) landholding benefits from prime Kingsway frontage and enviable rear access/exposure a major car park
- Ideally located in the heart of Kingsway's activity centre, one of the highest performing retail precincts in Australia
- The Kingsway retail precinct is bolstered by the Vicinity owned shopping centre 'The Glen', Novatel Glen Waverley, Village Cinemas and Glen Waverley's major train station - utilised by commuters 1.29 million commuters annually
- National retail groups established within the precinct include Grill'd, Chemist Warehouse, NAB, Gloria Jeans, KFC & more
- Only 100 m* away from Glen Waverley train station which serves as a major bus interchange and the train line itself provides connectivity to a variety of Melbourne's most prestigious suburbs and the CBD, also providing a consistent stream of customers into the retail zone
81 Kingsway, Glen Waverley is offered for sale via Public On-site Auction on Friday 28th June 2024 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Chao Zhang
0411 625 068
* Approximately
Property Code: 970