Overview
Positioned on a sizeable 998sqm block in the highly sought-after Glen Waverley Secondary School Zone, this property presents significant appeal for a variety of buyers. The substantial land offers a prime opportunity for developers considering subdivision and townhouse or unit construction, subject to council approval, as well as families or investors looking to renovate or build a bespoke luxury family residence in a coveted locale.
The home itself provides a flexible and functional layout, featuring a front lounge that can serve as a private retreat or be integrated into the spacious family and dining area, enhancing the living flow. Central to the living space is a kitchen equipped with quality appliances and an L-shaped island bench, supporting both everyday use and entertaining.
Accommodation includes three generously sized bedrooms complemented by a dedicated study, catering to work-from-home needs or quiet activities. The dual entry bathroom adds convenience for family living. Outdoor living is enhanced by two undercover elevated decks and expansive gardens that surround the home, creating versatile spaces for relaxation and recreation.
Parking is well catered for with three off-street spaces, accommodating multiple vehicles or guests. The location further elevates the property's appeal, being a short drive to The Glen Shopping Centre, within walking distance to Syndal Train Station and close to Kingsway's cafes and restaurants. Access to quality schools and institutions such as Syndal South Primary, Glen Waverley Secondary, Huntingtower School, Wesley College, and Monash University makes it appealing to families prioritizing education. Proximity to Blackburn Road shopping, Monash Aquatic Centre, and the Monash Freeway also ensures convenience for daily living and commuting.
This property combines substantial land, flexible living, and a prestigious location, offering a rare opportunity to create a highly desirable family lifestyle or a lucrative investment development in Glen Waverley.
Local Market Insights
In Glen Waverley, Quiet Listings observed 53 new houses entering the market over the last 30 days, down from 65 during the previous 30-day period, with an average advertised asking price of $1,902,170. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (15%), and units (13%). The most active agency for houses in the Glen Waverley area is currently Jellis Craig, representing 40% of new listings, followed by Ray White with 32%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.