Gross Waddell ICR

Gross Waddell ICR Gross Waddell ICR Pty Ltd is a mid-sized commercial real estate agency located in Melbourne, VIC

Gross Waddell ICR Pty Ltd is a mid-sized commercial real estate agency located in Melbourne, Victoria. Operating since 1994 and covering all areas of sales, leasing and property management, Gross Waddell offers a comprehensive range of integrated real estate services to institutions, government bodies, corporations, investors, property owners, occupiers and other specialised service providers including accountants and solicitors. A complete range of services, provided Australia and world-wide, include the following:

• Retail
• Office
• Industrial
• Development
• Project Management
• Englobo Land
• Acquisitions
• Asset Management
• Corporate Services

With a blue ribbon reputation within the real estate industry, Gross Waddell is renowned for its belief in placing the requirements of its clients first and foremost through the strong communication and client interaction of its highly-skilled, friendly staff. Boasting over 55 years’ combined industry experience, Directors, Michael Gross and Andrew Waddell, have developed a strong client base including national institutions and a mix of private investors and developers. Gross Waddell have an associated office located in Geelong, Victoria, through Darcy Jarman and international associated offices through Cushman & Wakefield.

05/09/2026

Happy Father’s Day!

Today, we celebrate all the dads, grandfathers, father figures and mentors who support, guide and inspire us every day.

From everyone at Gross Waddell ICR, we wish you a very Happy Father’s Day filled with good company, great memories and time with those who matter most.

04/09/2026

We are proud to share that Gross Waddell ICR has once again been named a finalist for Commercial Agency of the Year at the 2026 REIV Awards for Excellence.

Following our win in this category last year, being recognised again is a fantastic achievement and a reflection of the hard work, commitment and results delivered by our entire team.

A big thank you to our clients, partners and everyone across Gross Waddell ICR who continues to contribute to our success.

Congratulations team! Fingers crossed for back-to-back wins.

02/09/2026

FOR SALE | Versatile Commercial Building in Bendigo’s Golden Mile

Gross Waddell ICR in conjunction with McKean McGregor, is pleased to present 581-587 Napier Street, Bendigo (White Hills) for sale via Expressions of Interest.

Purpose-designed and fitted out as a data centre, the property combines substantial existing infrastructure with a flexible 807 sqm* building and prominent 2,700 sqm* landholding, providing an outstanding opportunity for technology operators, owner-occupiers and value-add investors. Its high-exposure Napier Street position also provides significant scope for future retail, showroom or commercial repurposing (STCA).

Key Property Highlights:

• Purpose-built infrastructure ideal for data and technology operations

• Versatile 807 sqm* building suitable for occupation or alternative commercial repurposing

• Substantial 2,700 sqm* landholding with an impressive 70 m* frontage to Napier Street

• Existing high-capacity power, backup generation, cooling and telecommunications infrastructure

• Commercial 2 Zone (C2Z) offering flexibility for a range of commercial uses (STCA)

• Ideally suited to owner-occupiers, technology operators and value-add investors

• High-profile position within Bendigo’s Golden Mile, surrounded by major national retailers and commercial occupiers

• Excellent exposure and accessibility along one of Bendigo’s key commercial thoroughfares

For sale by Expressions of Interest closing Wednesday 30 September 2026 at 12:00pm (AEST).

For more information, please contact:
Alex Ham 0410 545 226
Michael Gross 0419 355 561

*Approx.

01/09/2026

SOLD | Landmark 3,513sqm Development Site in Ashwood

Gross Waddell ICR is pleased to announce the successful sale of 597 Warrigal Road, Ashwood. Comprising a substantial 3,513sqm landholding with approximately 102m of frontage, the property represented a rare infill development opportunity within Melbourne’s tightly held south-eastern suburbs.

Sale Highlights
Price: Undisclosed
Purchaser: Shiv Developments

For more information, please contact:
Andrew Greenway 0409 547 626
Danny Clark 0448 066 889
Glenn Ye 叶格林 0400 880 388

01/09/2026

SOLD | A Competitive Campaign Delivers an Outstanding Result

Gross Waddell ICR is delighted to announce the successful sale of 461 Glenferrie Road, Kooyong, following a highly competitive Expressions of Interest campaign.

Offered to the market for the first time in over 80 years, the property generated over 70 enquiries, resulting in 5 offers received at the conclusions of the marketing program.

A second and final round tender process was conducted with a shortlist of 3 groups, which delivered an outstanding result for our clients.

Sale highlights include:
Sale Price: $1,901,000
Building Rate: $9,505 p/sqm*
Purchaser: Owner Occupier

For more information, please contact:
Andrew Waddell 0419 400 991
Andrew Greenway 0409 547 626

Stay informed on the latest legal decisions impacting property - here’s your quick update for July 2026As an ongoing ser...
01/09/2026

Stay informed on the latest legal decisions impacting property - here’s your quick update for July 2026

As an ongoing service to clients, Gross Waddell ICR continues to provide you with details of VCAT retail leasing cases and selected property-related cases each month.

Below are 4 recent property-related cases from the courts that may be of interest:

VCAT Cases

Rainn Pty Ltd v Commissioner of State Revenue (No. 2) [2026] VCAT 546 (16 July 2026)
Further details: https://lnkd.in/gBwz_Puw

Clarabelle Investments Pty Ltd v Magic Trading Pty Ltd [2026] VCAT 599 (29 July 2026)
Further details: https://lnkd.in/gbVEp3HM

The Supreme Court of Victoria

ISPT Pty Ltd as trustee for ISPT Retail Australia Property Trust v Commissioner of State Revenue [2026] VSC 480 (29 July 2026)
Further details: https://lnkd.in/gXEdRiTv

The Supreme Court of Victoria - Court of Appeal

Streeter v Zhang [2026] VSCA 170 (16 July 2026)
Further details: https://lnkd.in/g2Vx9F6M

For any further details, please contact one of our Property Management specialists.

01/09/2026

SOLD | High-Exposure Industrial Opportunity

Gross Waddell ICR, in conjunction with Australian Professionals Property Service Pty Ltd, are delighted to announce the successful sale of this prominent Sydney Road industrial holding, following a highly competitive Expressions of Interest campaign.

The campaign generated 7 Expressions of Interest, resulting in 5 qualified parties invited to compete in the second round, which ultimately led to the successful sale of the property.

Sale Highlights
Sale Price: $1,310,000
Offers: 7
Yield: 3.82%
Purchaser: Local Investor

For more information, please contact:
Andrew Greenway 0409 547 626
Alex Ham 0410 545 226

01/09/2026

BUY ONE OR BUY BOTH | Occupy or Invest

Gross Waddell ICR is pleased to present Suites 1R & 2R, 21–23 Irving Avenue, Box Hill for Private Sale.

Comprising two ground-floor retail / commercial suites, located within the recently completed Irving Domain development, close to an abundance of amenities. Available individually or together, the properties offer exceptional flexibility for owner-occupiers and investors and well suited to a host of end uses (STCA).

Property Highlights:

• Buy individually or together

• Suite 1R comprising approx. 84.2 sqm plus outdoor terrace (under licence agreement), with two (2) secure car spaces

• Suite 2R offering approx.145.2 sqm with four (4) secure car spaces

• Suitable for a range of uses including medical, allied health, office, food & beverage and more (STCA)

• Excellent connectivity via Whitehorse Road tram and bus services, Box Hill Railway Station and easy nearby Eastern Freeway access

• Located in the heart of Box Hill, surrounded by major institutions including Box Hill Hospital, Box Hill TAFE and Box Hill Central Shopping Centre

• Prominent corner position within the Irving Domain development, overlooking the picturesque Box Hill Gardens

• Offered with vacant possession

For more information, please contact:
Glenn Ye 0400 880 388
Lee Li 0420 837 471
Andrew Greenway 0409 547 626

31/08/2026

AVAILABLE NOW | IDEAL HEALTH & BEAUTY SUITES

588 Glen Huntly Road, Elsternwick

Gross Waddell ICR is pleased to present this prominent two-level retail premises, ideally suited to allied health, medical, beauty and wellness operators.

Previously utilised by a range of allied health consultants and beauty professionals, the property offers a versatile existing configuration with 8 consulting suites across the ground and first floors.

Property Highlights:

• 160 sqm over two levels*
• 8 consulting rooms of varying sizes
• Wash basins within each room
• Toilet & shower facilities
• 4 rear car spaces
• Prominent Glen Huntly Road frontage
• Excellent signage opportunities
• Established configuration ideal for multiple practitioners
• Close proximity to Kooyong Road

*approx

A fantastic opportunity for an established operator or group looking for a ready-to-use consulting, health, beauty or wellness facility in a highly visible Elsternwick location.

For further information or to arrange an inspection, contact:
Rogan Sedger | 0418 352 812

28/08/2026

LEASED | GF, 217 Queen Street, Melbourne

Another CBD leasing success!

Gross Waddell ICR is pleased to announce the successful leasing of the ground floor at 217 Queen Street, Melbourne, secured by a barber.

Positioned just moments from Little Bourke Street, this 130 sqm* self-contained retail/service space offered an excellent opportunity for an operator seeking a strong Melbourne CBD location.

Property Highlights:
• Approx. 130 sqm of ground floor retail/service space
• Prime CBD position near Little Bourke Street
• Self-contained premises
• Industrial-inspired interior with exposed beams
• Stylish timber-look flooring
• Flexible space suited to a range of retail and service uses

Congratulations to the new tenant and thank you to our client for entrusting Gross Waddell ICR with the leasing campaign.

Looking for a space for your business? Talk to our leasing team about your next opportunity.

Raoul Salter OAM | 0418 335 432

Address

Melbourne, VIC

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Telephone

+61396548666

Website

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