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Investment Highlights

  • Includes ground-floor retail space and a separate two-bedroom residence.
  • Positioned near Mount Waverley Train Station and vibrant local shopping strips.
  • Excellent accessibility to major arterials including Monash Freeway (M1), Dandenong Road, and Ferntree Gully Road.
  • Rear yard and dual access offering additional use flexibility or extension potential.

Executive Summary

53 Stanley Avenue presents a rare and adaptable freehold in one of Melbourne’s most tightly held eastern suburbs, blending commercial presence with residential accommodation in a single holding. Occupying approximately 185 m² of land and delivering a total built area of 163 m², the property currently incorporates a flexible ground-floor retail component plus a self-contained two-bedroom dwelling over two levels, establishing dual-utility capability attractive to a wide range of occupiers and investors.
Its Commercial 1 zoning amplifies potential beyond existing configurations, opening opportunities for mixed-use redevelopment or repositioning in line with market demand. Immediate surroundings feature strong local amenities, highly regarded educational institutions, and excellent transport connectivity, all underpinned by strong demographic characteristics that drive sustained demand in this precinct.
Vacant possession provides a blank canvas for retail operators, healthcare professionals, niche service providers, or those seeking boutique residential and commercial integration in a thriving neighbourhood setting. In combination with outstanding locational fundamentals and zoning versatility, this property represents a high-calibre acquisition for investors, developers, and owner-occupiers pursuing long-term value creation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,755 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
877 SF
Building FAR
0.88
Lot Size
0.05 AC

Amenities

  • Kitchen
  • Natural Light
  • Partitioned Offices
  • Air Conditioning
  • Listing ID: 40413637

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 53 Stanley Ave, Mount Waverley, VIC 3149

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