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Overview
Offering a remarkable opportunity in one of Glen Waverley's well-established residential areas, this substantial landholding presents a versatile canvas for new development. With nearly 680 square metres of land boasting an impressive 16.8-metre frontage and a depth exceeding 40 metres, the property is well suited to a variety of future plans.
The scale of the allotment allows for the design and construction of a standout luxury residence tailored to contemporary family needs, featuring expansive living areas and the potential for sophisticated indoor-outdoor entertaining spaces complemented by landscaped gardens characteristic of the area.
Alternatively, the generous dimensions facilitate consideration for a multi-dwelling development, subject to council approvals, appealing to developers and builders seeking to leverage this well-located parcel.
The property is advantaged by its position in sought-after school zones, including Glen Waverley South Primary and Brentwood Secondary, with proximity to several prestigious educational institutions and amenities such as Wesley College, Caulfield Grammar, Monash University, transport hubs, major freeways, recreational facilities, and shopping centres, enhancing its appeal for families and investors alike.
This opportunity balances the allure of a prominent residential address with the flexibility for individuals aiming to create a bespoke family home or professionals involved in residential development, all within a thriving suburban context.
Local Market Insights
In Glen Waverley, Quiet Listings observed 63 new houses entering the market over the last 30 days, down from 64 during the previous 30-day period, with an average advertised asking price of $1,804,190. The property type mix of listed properties is predominantly Houses at 74%, followed by townhouses (16%), and units (8%). The most active agency for houses in the Glen Waverley area is currently Ray White, representing 30% of new listings, followed by Jellis Craig with 30%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 1 previous open for inspection. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Market Insights for Glen Waverley VIC 3150
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