A rare and highly strategic opportunity to secure a substantial 1,417sqm (approx.) landholding on one title in one of Glen Waverley's most tightly held and consistently high-performing pockets - within the Glen Waverley Secondary College catchment.
This is first and foremost a premium land value play with exceptional long-term upside. The generous allotment, prominent main road exposure and highly desirable school zone positioning make this an ideal future redevelopment site or prestige residential opportunity (STCA).
Importantly, the property is not just a land bank - it also provides a strong, high-yield income stream while you hold or plan your future development, making it an attractive proposition for investors, developers and land-bankers alike.
Key Investment Highlights:
- 1,417sqm (approx.) of prime Glen Waverley land on one title
- Located in the Glen Waverley Secondary College zone - always in high demand
- Strong holding income / high yield return
- Large, flexible existing improvements providing immediate cash flow
- Exceptional future redevelopment or luxury residential potential (STCA)
- Walking distance to Glen Shopping Centre
- Potential to redevelop multiple units (STCA)
- Potential to upgrade to business use such as rooming house or medical centre (STCA)
In Conjunctional with AJ Lee Property Group. Andrew Lee - 0414 676 420
