Golden Mile Corner Investment With Future Development Potential
- Fully Leased
- Commercial 1 Zone
- Long-Term Upside
Positioned in the heart of Glen Waverley’s tightly held Kingsway precinct, 63 Kingsway presents a premium corner investment combining strong, diversified income with outstanding future development potential (STCA). Fully leased to three established tenants, this high-exposure dual-level asset offers investors immediate returns with long-term upside in one of Melbourne’s most dynamic activity centres.
Set within walking distance to The Glen Shopping Centre, the property is perfectly positioned to benefit from ongoing precinct growth and strong surrounding amenity, with a substantial and affluent catchment of over 170,000 residents within a 5km radius, underpinning consistent retail demand and long-term tenant appeal.
Key Features:
* Prominent corner landholding of 270sqm* with 500sqm* building area
* Fully leased investment returning $352,081.42 pa + GST & outgoings
* Three quality tenancies with secure leases
* Commercial 1 Zone (C1Z) with future development potential (STCA)
* Dual-level retail/office asset with strong street presence
* Located within Glen Waverley’s vibrant dining and retail strip
* Moments from the new Suburban Rail Loop extension
* Surrounded by major amenities, transport and high-density development
With strong holding income and positioned in a rapidly evolving precinct, 63 Kingsway represents a rare opportunity to secure a blue-chip investment with genuine long-term upside.
Contact the agents at Cameron to discuss futher, view the Information Memorandum and organise an inspection.
David Johnson. 0404 005 809
Michael Brennan. 0431 586 526
*Outlines, measurements and statistics approximate only.
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