MOUNT WAVERLEY 39 SUNHILL ROAD
FOR SALE VIA PUBLIC AUCTION
THURSDAY 6TH MARCH 2025 AT 12PM
Introduction
Crabtrees Real Estate in conjunction with Biggin Scott Glen Waverley are excited to offer 39 Sunhill Road, Mount Waverley for Sale via Public Auction on Thursday 6th March 2025 at 12pm.
This exciting two level mixed-use property is currently returning $30,160 per annum (net) and offers excellent future upside/value add.
39 Sunhill Road comprises of a well appointed office consisting of multiple executive suites, kitchenette and staff amenities.
Exclusive Selling Agents
JOE MONEA Director 0448 486 665 jmonea@crabtrees.com.au
LUKA MAROLT Executive 0418 324 064 lmarolt@crabtrees.com.au
MING XU Director 0400 655 610 mxu@bigginscott.com.au
Executive Summary
PROPERTY ADDRESS 39 Sunhill Road, Mount Waverley VIC
METHOD OF SALE Public Auction
PROPERTY OVERVIEW
BUILDING AREA
LAND AREA
LAND & TITLE PARTICULARS
ZONING
TENANT
RENTAL INCOME
TERMS OF SALE
Two level mixed use investment located in Mount Waverley.
Lot 1 on Title Plan 190719U. Volume 09340 Folio 706
The Title and site plan is included in Appendix 1
The land is zoned Commercial 1 under the City of Monash Planning Scheme allowing for a broad range of potential uses.
YuCachia Design & Construction Pty Ltd
$30,160 per annum plus GST & Outgoings
10% deposit payable with full settlement payable either 30, 60 or 90 days.
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
Property Overview
BRIGHT INVESTMENT ON SUNHILL!
The subject property is a prominently located retail, office/dwelling with fantastic street presence positioned in a small group of shops on the corner of Sunhill and Richard Road.
The property is situated on a parcel of land of 200m2* with the dwelling being approximately 130m2*.
The property in its current form is an office suite currently occupied by a design and construction group. The building is made up of small executive office suites on the first floor with the ground floor being the staff amenities and kitchen area.
ADDITIONAL KEY FEATURES:
• Returning $30,160 per annum
• ROW access
• Commercial 1 Zone (C1Z)
• Upside potential with development potential
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
Lease Summary
THE SUBJECT PROPERTY IS LEASED ON THE FOLLOWING BASIS:
TENANT
YuCachia Design & Construction Pty Ltd
LEASE COMMENCEMENT 1st September 2023
ANNUAL RENT
LEASE TERM
FURTHER TERM
RENTAL REVIEWS
ABOUT TENANT
$30,160 per annum plus GST & Outgoings
Two (2) years
Two (2) further terms of two (2) years
Annual 4% increases
Architectural designer focusing on commercial shop fit-outs and residential developments.
Property Images
Location
The subject property is located in Mount Waverley one of South Eastern Metropolitan Melbourne’s most recognisable commercial locations.
The property is located in Sunhill Road just off High Street Road with Mount Waverley Train Station (1.3km*) within walking distance. Numerous bus routes crisscross the area & connectivity to major arterials and freeways, including the Monash Freeway (M1) and Blackburn Road, facilitates convenient travel to all parts of Melbourne and beyond.
39 Sunhill Road is positioned centrally to major shopping precincts such Chadstone Shopping Centre, The Glen Shopping Centre, Pinewood Village and Brandon Park Shopping Centre.
Mount Waverley Village is located just a stone’s throw away from the subject property offering an array of shops, cafes, and restaurants catering to every need.
Mount Waverley’s appeal will be further fortified with the upcoming addition of Monash Station via the suburban rail loop project and continued upgrades to the Monash Freeway will also improve connectivity through to the CBD and Port of Melbourne, Australia’s largest port.
Zoning
The subject property is zoned Commercial 1 under the City of Monash Planning Scheme, according to the most recent Victorian zoning information available allowing for a broad range of uses.
Method of Sale Auction
39 Sunhill Road, Mount Waverley is being offered for sale via Public Auction on Thursday 6th March 2025 at 12pm.
To arrange a private inspection please contact the exclusive selling agents.
Annexure 1
Title & Plan of
Subdivision
Copyright State of Victoria. No part of this publication may be reproduced except as permitted by the Copyright Act 1968 (Cth), to comply with a statutory requirement or pursuant to a written agreement. The information is only valid at the time and in the form obtained from the LANDATA REGD TM System. None of the State of Victoria, its agents or contractors, accepts responsibility for any subsequent publication or reproduction of the information.
The Victorian Government acknowledges the Traditional Owners of Victoria and pays respects to their ongoing connection to their Country, History and Culture. The Victorian Government extends this respect to their Elders, past, present and emerging.
REGISTER SEARCH STATEMENT (Title Search) Transfer of Land Act 1958
VOLUME 09340 FOLIO 706
LAND DESCRIPTION
Lot 1 on Title Plan 190719U.
PARENT TITLE Volume 08347 Folio 034
Created by instrument H449117 19/03/1979
REGISTERED PROPRIETOR
Estate Fee Simple
Sole Proprietor
Security no : 124119570851M Produced 04/11/2024 11:12 AM
MARGED GOODE of 4 STABLEFORD AVENUE GLEN WAVERLEY VIC 3150 AS027539W 22/03/2019
ENCUMBRANCES, CAVEATS AND NOTICES
Any encumbrances created by Section 98 Transfer of Land Act 1958 or Section 24 Subdivision Act 1988 and any other encumbrances shown or entered on the plan set out under DIAGRAM LOCATION below.
DIAGRAM LOCATION
SEE TP190719U FOR FURTHER DETAILS AND BOUNDARIES
ACTIVITY IN THE LAST 125 DAYS
NIL ------------------------END OF REGISTER SEARCH STATEMENT------------------------
Additional information: (not part of the Register Search Statement)
Street Address: 39 SUNHILL ROAD MOUNT WAVERLEY VIC 3149
DOCUMENT END
