Positioned in one of Mount Waverley’s most tightly held and high-performing pockets, this substantial 804sqm (approx.) rectangular allotment with an impressive 18m frontage presents a compelling redevelopment opportunity (STCA). Situated within the highly sought-after Mount Waverley Secondary College Zone, the site offers excellent scope for a luxury new residence or multi-townhouse project, capitalising on strong buyer demand for premium school zoning and quality new builds.
The wide frontage and regular dimensions provide favourable design flexibility, allowing efficient site planning and optimal dwelling orientation. With established infrastructure and surrounding quality homes, the location supports strong end-value appeal for both owner-occupiers and investors seeking blue-chip positioning.
The existing four-bedroom residence, currently leased at $3,346 per calendar month, delivers holding income while plans and permits are pursued. The home includes two bathrooms, multiple living areas, ducted heating, evaporative cooling, and a side driveway leading to a double garage, ensuring practicality during any interim period.
Within walking distance to Mount Waverley North Primary and Mount Waverley Secondary College, and moments from Syndal shops, Burwood One, The Glen and Mount Waverley Village, the site also benefits from proximity to Syndal Station, major bus routes, EastLink and the Monash Freeway. A premium redevelopment opportunity in a proven growth corridor.
