• Prominent 368 sqm** corner building with invaluable 34 m* street frontage
• 5 year net lease to national fast food tenant Grill’d with 155+ restaurants nationally
• Annual income of $189,625* with fixed 4% annual rental increases
• Opposite the newly refurbished Glen Shopping Centre as well as $1 billion of forecasted development in the surrounding area
• Highly valuable future development potential of 6 levels (22 m^)
• Favourable Commercial 1 Zoning with potential for alternate uses including apartments, office, medical or child care (STCA)
• Only 110 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
• 89 Kingsway’s connectivity to all areas of Melbourne will be greatly enhanced by the proposed Suburban Rail Loop; a new underground rail network connecting Melbourne’s suburbs

89 Kingsway, Glen Waverley presents a rare opportunity to acquire a Kingsway corner in arguably the most iconic retail strip in Melbourne.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.