Vacant Possession - Rare Freehold Retail Opportunity in the Heart of Glen Waverley

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.

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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