Ideally positioned in the heart of Glen Waverley and set on a substantial 728sqm (approx.) rectangular allotment with an impressive 16.8m frontage, this site represents a pure land value opportunity within the highly sought-after Glen Waverley Secondary College Zone (STSA).
The existing dwelling is uninhabitable, making this a clear and compelling proposition for builders, developers, and investors seeking redevelopment potential (STCA). With its generous frontage and General Residential Zone - Schedule 2 (GRZ2), the site is ideally suited for a luxury new home or multi-dwelling project, offering flexibility and strong future upside.
Positioned moments from The Glen Shopping Centre, Glen Waverley Train Station, Kingsway dining precinct, Wesley College, and within walking distance to Glen Waverley Secondary College and Highvale Primary, the location further enhances its outstanding appeal.
Adding further opportunity, the neighbouring corner allotment at 757 High Street Road, spanning approximately 725sqm, is also available, presenting scope for a significant combined development site (STCA).
Opportunities of this scale, frontage, zoning, and positioning are increasingly scarce-secure a premium landholding with exceptional scope to rebuild or redevelop (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.