Land

Kings Corner, 2 Kingsway, Glen Waverley

2 Kingsway Glen Waverley, VIC Australia 3150
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Building Area
Land Area ()

Property Description

**EXPRESSIONS ON INTEREST IS NOW CLOSED**


JLL Capital Markets and Ray White Commercial are pleased to offer for sale this rare permit approved freehold building with existing income at 2 Kingsway, Glen Waverley.

 

Key details of the opportunity include:


       A high-profile triple-fronted freehold building within the Glen Waverley Activity Centre – a unique cluster of Melbourne’s best leisure, entertainment and residential offerings

 

       Situated directly opposite the newly refurbished Glen Shopping Centre (over 240 shops/retailers) as well as the $450 million multi-tower Sky Garden residential development

 

       Existing building provides strong income stream with opportunity for varied retail and commercial office uses for occupiers and astute investors

 

       Permit approved for a cutting edge six-storey retail and office building designed by acclaimed architects RotheLowman featuring quality light filled and well ventilated spaces

 

       Favourable Commercial 1 Zoning allows for a vast range of alternate uses, including residential apartments, retail, child care, medical and more (STCA)

 

       Surrounded by pioneering development projects which are set to further drive foot traffic and demand for quality space in the immediate locale

 

       A strategic central location within a 7-day precinct positioned to service an affluent demographic catchment of local residents, students, workers, shoppers and international/interstate visitors

 

       Unparalleled accessibility to the Melbourne CBD via Glen Waverley Train Station, Monash Freeway and Springvale Road

 

       A rare permit approved development opportunity with holding income in one of Melbourne’s most active and highly sought after development precincts



For booking inspections and for further information, please contact the sale and marketing agents at JLL Melbourne or Ray White Commercial:

 

JLL

 

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

Mingxuan Li 李名  | 0498 688 998

 

Ray White Commercial

 

Ryan Trickey | 0400 380 438

Ben Ainsworth | 0412 534 028

Glenn Ye 叶格林 | 0476 938 888

Investment Highlights

       Triple fronted freehold building with income

       Permitted for a cutting-edge 6-storey project

       Directly opposite The Glen Shopping Centre

Last Updated Date: 21 Jun 2021
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 21 Jun 2021

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