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97 Kingsway
Glen Waverley, VIC 3150

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Property Type: Retail
Listed Date: 24th Mar 2026
Overview

Occupy, Invest or Develop in a Landmark Retail Strip

Situated in the heart of Glen Waverley's thriving Kingsway precinct, this premium freehold building presents a unique opportunity for investors, owner-occupiers, and developers alike. With strong exposure, flexible layout, and significant long-term development potential, this is one of the most strategic acquisitions in Melbourne's eastern growth corridor.Key Property HighlightsApprox. 342sqm building with two separate levelsGround floor leased to a well-established tenant, generating strong holding incomeFirst floor vacant - ideal for owner occupation, value-add leasing, or creative repositioningCommercial 1 Zoning (C1Z) - enabling retail, office, hospitality, medical or residential use (STCA)Development potential up to 6 levels / 22m (STCA) within a high-activity growth zonePositioned just 110m from Glen Waverley Station and major bus interchangeLocated opposite The Glen Shopping Centre and surrounded by elite food and retail operatorsFuture value boost from the upcoming Suburban Rail Loop directly servicing the areaA Rare Opportunity to Secure, Occupy or GrowWhether you're looking for a secure income stream, a premium business location, or a future development site in one of Melbourne's most tightly held retail corridors - 97 Kingsway delivers all three.For further information or to arrange an inspection, contact Ray White Judd White

Location
97 Kingsway
Glen Waverley VIC 3150
Measurements
Type Dimensions
Building Area Sqm 342
Market Insights for Glen Waverley VIC 3150
New Listings (last 30 days)
8
Average price
$1,797,500
Lowest price
$1,100,000
Highest price
$3,800,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.