Prime Mixed-Use Opportunity with Commercial 1 Zoning

Positioned in a well-established Mount Waverley location, this versatile mixed-use property presents an outstanding opportunity for investors, owner-occupiers and business operators alike. Benefiting from highly desirable Commercial 1 Zoning (C1Z), the property offers exceptional flexibility for a broad range of commercial and residential uses (STCA).

The ground floor comprises a fully fitted hospitality premises with a commercial kitchen, making it ideally suited to cafés, restaurants, caterers, food operators and a range of other uses (STCA). Upstairs, a separate three-bedroom residence with a renovated bathroom provides added flexibility, whether you're looking to live on site, lease the residence separately, or maximise the property's investment potential.

Conveniently located close to local shopping precincts, public transport and major arterial roads, the property is well positioned to benefit from strong local demand and long-term growth.

Whether you're looking to establish your business, expand your investment portfolio or secure a versatile mixed-use asset, this is a rare opportunity to acquire a Commercial 1 Zoned property in a tightly held Mount Waverley location.

Property Highlights
• Commercial 1 Zone (C1Z)
• Fully fitted hospitality premises with commercial kitchen
• Three-bedroom residence upstairs
• Renovated central bathroom
• Prominent corner site with future redevelopment potential (STCA)
• Flexible mixed-use opportunity
• Ideal for owner-occupiers, investors and business operators
• Conveniently located with easy access to shops, public transport and major arterial roads

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

School catchments

Amsleigh Park Primary School Primary Prep-6 Government 1.4km
Mount Waverley Heights Primary School Primary Prep-6 Government 1.5km
Clayton North Primary School Primary Prep-6 Government 1.5km
Christ Our Holy Redeemer School Primary Prep-6 Catholic 1.6km
John Monash Science School Secondary 10-12 Government 1.8km
Pinewood Primary School Primary Prep-6 Government 1.8km
Mount Waverley Primary School Primary Prep-6 Government 1.9km
Huntingdale Primary School Primary Prep-6 Government 2.5km
Huntingtower School Combined Prep-12 Independent 2.6km
SEDA College (Victoria) - AFL - Clayton Secondary Independent 2.7km
Salesian College Chadstone Secondary 7-12 Catholic 2.7km
Holy Family School Primary Prep-6 Catholic 2.7km
Syndal South Primary School Primary Prep-6 Government 2.7km
Avila College Secondary 7-12 Catholic 2.8km
St Peter's School Primary Prep-6 Catholic 2.8km
St Mary Magdalen’s School Primary Catholic 2.8km
Oakleigh Primary School Primary Prep-6 Government 3.1km
Sacred Heart School Primary Prep-6 Catholic 3.3km
Sacred Heart Girls' College Secondary 7-12 Catholic 3.4km
Mount Waverley Secondary College Secondary 7-12 Government 3.4km
Oakleigh Grammar Combined Prep-12 Independent 3.6km
Mount Waverley Secondary College-Junior Campus Secondary Government 3.7km
Brentwood Secondary College Secondary 7-12 Government 3.7km
Wesley College - Glen Waverley Campus Combined Independent 3.8km
South Oakleigh College Secondary 7-12 Government 4.0km
Glen Waverley Secondary College Secondary 7-12 Government 4.1km
Mazenod College Secondary 7-12 Catholic 4.2km
Ashwood High School Secondary 7-12 Government 4.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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