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Retail in Glen Waverley
Vacant Possession - Rare Freehold Retail Opportunity in the Heart of Glen Waverley
- Building: 133m²
- Land: 190m²
41 Martin Place, Glen Waverley
AUCTION - Thursday 4 June 2026 at 1 pm (On Site)
A rare and versatile freehold commercial premises, 41 Martin Place offers an exceptional platform for owner-occupiers, investors, or developers to secure a foothold in one of Melbourne's most tightly held and economically resilient precincts. Offered with vacant possession, this property provides immediate flexibility in a market defined by scarcity.
KEY PROPERTY ATTRIBUTES
- Building Area: Approx. 133 sqm of highly functional and well-presented retail or professional office space.
- Land Area: Approx. 190 sqm freehold title - no common property or body corporate fees.
- Rear Yard: A significant 57 sqm external yard, ideal for loading, secure storage, or potential expansion (STCA).
- Zoning: Commercial 1 Zone (C1Z) - Under the Monash Planning Scheme, this permits as-of-right use for Retail, Office, Medical, and Food/Beverage (no permit required for use).
- Car Parking: Includes 2 dedicated on-site car spaces with easy access.
- Frontage: Prominent street presence in a traditional retail village with excellent passing trade and on-street customer parking.
PRIME STRATEGIC LOCATION
Situated within the Glen Waverley Major Activity Centre, the property is surrounded by affluent residential catchments and major infrastructure:
- Education Powerhouse: Confirmed location within the prized Glen Waverley Secondary College (GWSC) zone, driving long-term land value.
- Connectivity: Only 1.2km to Glen Waverley Train Station and 1km to the 'Kingsway' dining and entertainment precinct.
- Economic Hub: Moments from The Glen Shopping Centre and the Monash National Employment and Innovation Cluster (MNEIC).
- Major Arterials: Rapid access to Springvale Road, High Street Road, and the Monash Freeway (M1).
WHY 41 MARTIN PLACE?
This is a strategic holding in a blue-chip growth corridor. With the upcoming Suburban Rail Loop (SRL) set to transform Glen Waverley into a major regional interchange, freehold assets of this calibre are increasingly difficult to source. Whether you are looking to occupy for your own business, secure a high-yielding medical tenant, or land bank for future development, 41 Martin Place represents the pinnacle of suburban commercial investment.
• AUCTION - Thursday 4 June 2026 at 1 pm (On Site)
For further information or to arrange a private inspection, please contact:
Ryan Trickey 0400 380 438
Will Jonas 0422 883 011
*Approximate only. All interested parties should make their own enquiries to verify the information contained herein.
133m²
190m² / 0.05 acres
Vacant
Retail, Medical/Consulting, Offices