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Property Description

Stonebridge Property Group is pleased to present for sale KFC & HeyTea Glen Waverley (64–66 Kingsway, Glen Waverley).

The key highlights of the opportunity include:

– A rare double-fronted Kingsway freehold anchored by two global powerhouse fast-food retailers – KFC & HeyTea

– Providing $390,000* + GST + outgoings per annum, with short-term rental growth attainable through underutilised and vacant level-one spaces

– Positioned on 371.6 sqm* of C1Z land in the centre of Glen Waverley’s premier retail precinct

– Future development is supported by favourable zoning and surrounding projects that provide a height precedent of 6+ levels. The Kingsway precinct is home to multiple examples of multi-level retail success

– A substantial double-level building with ultra-prime retail spaces and an underutilised level-one component currently occupied by various office suites

– Activity within the Glen Waverley CBD is supported by major hotels (Novotel & Ibis), a thriving entertainment precinct (Strike Bowling & Village Cinemas), and unrivalled connectivity via Glen Waverley Station and bus terminal

– The Glen Waverley Train Station, located 150 m* from the property, is utilised by over 1,200,000* commuters annually

– KFC & HeyTea Glen Waverley is positioned to benefit from the under-construction SRL project – located opposite the property, the Glen Waverley SRL station is set to be utilised by 7,000* patrons daily

64–66 Kingsway, Glen Waverley, is offered for sale via Public On-site Auction on Thursday 18th September at 2:30pm (AEST).

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

Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859

如需任何国语或粤语咨询,请联系我们亚洲业务团队的Ian Lam 林煒峻,联系电话:0416 621 8…,并可随时加他的微信(微信号:ianlam2001)。

Rorey James
0439 400 081

Property Code: 1384

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