596 High Street Road
Glen Waverley, VIC 3150

Overview

4 Units, 4 separate titles: A Massive 1,375sqm Landbank in the GWSC Zone

Calling all the developers and first home buyers Presenting a rare and lucrative opportunity to secure an entire block of four units on a substantial 1,375sqm (approx.) allotment. Positioned prominently on High Street Road, this versatile package offers immediate rental returns, individual resale potential, or a clean slate for a flagship multi-unit development (STCA).The ResidencesEach of the four well-maintained units offers a comfortable and practical floor plan, currently generating strong rental interest:• Unit 2 &4 : Feature fully renovated 2-bedroom layouts with central bathrooms and private single garage spaces.• Unit 1: A light-filled 2-bedroom unit perfect for low-maintenance living central bath and single car garage.• Combined Potential: Estimated total rental return of approximately $104,500 per annum approx for all 4 units, providing a steady income stream while you plan your next move.The Land & Development (STCA)Spanning a massive 1,375sqm, the site is a prime candidate for a luxury boutique apartment complex or a collection of high-end townhouses. With a wide frontage and main road exposure, any future development will benefit from maximum visibility and accessibility.Unbeatable Lifestyle LocationLocation is the hallmark of this property. Situated in a highly sought-after pocket, you are walking distance to everything that makes Glen Waverley a premier Melbourne suburb:• Education: Securely located within the Glen Waverley Secondary College Zone and near Wesley College.• Transport: A short stroll to Syndal Station and local bus networks.• Shopping & Dining: Moments away from The Glen Shopping Centre, the vibrant Kingsway dining precinct, and Village Cinema.• Recreation: Easy access to Bogong Reserve and the Monash Freeway for a quick CBD commute. Key Features:• Total land size: 1,375sqm (approx.)• Four units on separate titles (offered as one whole block, contact us directly)• Significant rental yield with long-term capital growth potential• Zoned for Glen Waverley Secondary College• Prime development potential for multi-unit site (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.

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