Perfectly positioned in the heart of Glen Waverley, this exceptional 728sqm (approx.) rectangular allotment presents a rare opportunity to secure a prime development site zoned Precinct Zone Schedule 5 (PRZ5), affected by Built Form Overlay Schedule 18 (BFO18) and Parking Overlay Precinct 6 (PO6), offering outstanding scope for high-density redevelopment (STCA).
Positioned within the newly gazetted Glen Waverley Suburban Rail Loop (SRL) East Precinct, with High Street Road identified as a key movement corridor for future mid-rise built form, the property is located approximately 19km* southeast of the Melbourne CBD within the City of Monash, one of Victoria's most populous municipalities.
Positioned independently, yet complemented by the adjoining 757 High Street Road-a fully operational orthodontic clinic also available for purchase-the property offers buyers the flexibility to secure a premium standalone site or explore the potential of a significant combined landholding through separate enquiry.
Offered primarily for its outstanding land value and future development potential, the site is ideally suited to developers, investors and land bankers seeking to capitalise on one of Melbourne's most significant urban renewal precincts.
Moments from The Glen Shopping Centre, Glen Waverley Train Station and the vibrant Kingsway dining precinct, and within the highly sought-after Glen Waverley Secondary College Zone*, this is a rare opportunity to secure a strategic landholding with exceptional long-term upside (STCA).
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
▶
