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60A Ricketts Rd 1.01 Acres of Commercial Land Offered at $4,492,736 in Mount Waverley, VIC 3149
Investment Highlights
- Premium corner site with two street frontages for maximum visibility.
- Zoned Special Use Zone (SUZ) under the City of Monash planning scheme.
- Close proximity to Monash University, Melbourne Heart Hospital, and the Australian Synchrotron.
- Total land area of approximately 4,092 sqm with over 95 meters of frontage to Ricketts Road.
- Excellent connectivity to the Monash Freeway (M1) via Blackburn Road and Forster Road.
- Offered with flexible sale terms through an Expressions of Interest campaign closing 5 August 2026.
Executive Summary
This rare opportunity offers a significant landholding in one of Mount Waverley’s most sought-after commercial and industrial precincts. Positioned on a prominent corner at Ricketts Road and Gilby Road, the property boasts more than 95 meters of frontage, delivering exceptional exposure for future developments.
Strategically located, the site provides rapid access to Melbourne’s major road network via the Monash Freeway (M1), with entry points at Blackburn Road and Forster Road. The Special Use Zone (SUZ) under the City of Monash planning scheme supports a range of commercial, industrial, and institutional uses (STCA), complementing nearby infrastructure such as Monash University, the Australian Synchrotron, and the Melbourne Heart Hospital.
Offered via Expressions of Interest closing Wednesday, 5 August 2026, this property presents flexibility for investors and developers to unlock its full potential in an established growth corridor supported by major arterial connectivity, emerging business clusters, and high underlying land value.
Strategically located, the site provides rapid access to Melbourne’s major road network via the Monash Freeway (M1), with entry points at Blackburn Road and Forster Road. The Special Use Zone (SUZ) under the City of Monash planning scheme supports a range of commercial, industrial, and institutional uses (STCA), complementing nearby infrastructure such as Monash University, the Australian Synchrotron, and the Melbourne Heart Hospital.
Offered via Expressions of Interest closing Wednesday, 5 August 2026, this property presents flexibility for investors and developers to unlock its full potential in an established growth corridor supported by major arterial connectivity, emerging business clusters, and high underlying land value.
Property Facts
1 Lot Available
Lot
| Price | $4,492,736 | Lot Size | 1.01 AC |
| Price Per AC | $4,443,163.32 |
| Price | $4,492,736 |
| Price Per AC | $4,443,163.32 |
| Lot Size | 1.01 AC |
Description
The property at 60A Ricketts Road, Mount Waverley, is a vacant development site with a land area of approximately 4,092 sqm. It is located on a corner position within the City of Monash municipality and is accessible via major thoroughfares including Blackburn Road and Forster Road, connecting to the Monash Freeway (M1). The property falls under a Special Use Zone (SUZ), facilitating potential institutional or commercial development subject to local planning provisions. Surrounding infrastructure includes Monash University, the Australian Synchrotron, and new health facilities.
Contact
-
Andrew O'Connell -
GO Commercial Industrial
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60A Ricketts Rd
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