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Rare Retail and Residential Freehold Opportunity in Mount Waverley
For Sale
12 Andrew Street, Mount Waverley
Commercial
188 m²
Contact Agent
Rare Retail and Residential Freehold Opportunity in Mount Waverley
A rare opportunity to secure a versatile commercial freehold in the heart of Mount Waverley’s tightly held retail precinct. Offering strong holding income and long-term upside, this mixed-use asset presents outstanding flexibility and future growth potential for investors and owner-occupiers alike.
The property comprises a high-exposure street-front retail premises, currently occupied by a long-established restaurant business with seating for around 30 patrons and a fully equipped industrial-standard commercial kitchen. Complementing the commercial component is a separately accessed large one-bedroom residence at the rear, providing additional income and flexibility.
Positioned within one of Mount Waverley’s most sought-after commercial pockets, the property enjoys abundant public parking directly at the doorstep, strong pedestrian activity, and excellent connectivity to public transport and leading schools.
Property Highlights:
+ Rare commercial and residential freehold opportunity
+ Land area: 188sqm (approx.)
+ Established restaurant premises with seating for 30 patrons
+ Fully equipped industrial-standard commercial kitchen
+ Large one-bedroom residence at rear with independent entry
+ Strong dual-income potential
+ Abundant public parking directly in front
+ Prime Mount Waverley retail precinct location
+ Excellent value-add and long-term investment potential
Location
12 Andrew St, Mount Waverley VIC 3149, Australia
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