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Overview
Set in a peaceful court adjacent to open parkland, this solid brick home on approximately 678 square metres provides a highly flexible living arrangement with multiple pathways to add value and suit various lifestyles. The property currently comprises two independent tenancies, delivering immediate rental income and versatility, or offers the opportunity for a complete reimagining. Developers and builders will note the significant redevelopment potential subject to council approval, bolstered by the generous broad frontage and irregular allotment shape.
The main residence features a well-planned layout with three bedrooms and two bathrooms, complemented by functional living zones including a kitchen and meals area. A separate self-contained unit with one bedroom and one bathroom enhances the appeal for multigenerational living or dual-income investments.
Outdoor living is catered for with a timber deck and private courtyard gardens featuring a garden studio or shed, ideal for hobbies or home office use. Ample off-street parking is provided by a wide driveway, enhancing onsite convenience.
This property is positioned in the sought-after Highvale school zone, encompassing both Highvale Primary and Secondary College, an important consideration for families. The location offers easy access to Larpent Reserve sporting fields and tennis courts, with Wesley College also nearby. Daily convenience is ensured with Glen Shopping Centre just 1.7 kilometres away and excellent public transport options including Glen Waverley Station and the vibrant Kingsway precinct within 2.4 kilometres. Proximity to the Monash Freeway facilitates smooth travel to Melbourne's CBD.
- Dual tenancy configuration providing four bedrooms and three bathrooms in total across two separate living areas.
- Land size approximately 678 square metres with a building footprint of 170 square metres.
- Great potential for renovation, rebuilding, or redevelopment (STCA).
- Appeals to investors, families seeking flexible accommodation, and developers looking for prime location within a premium school zone.
Local Market Insights
In Glen Waverley, Quiet Listings observed 65 new houses entering the market over the last 30 days, up from 64 during the previous 30-day period, with an average advertised asking price of $1,796,600. The property type mix of listed properties is predominantly Houses at 74%, followed by townhouses (14%), and units (9%). The most active agency for houses in the Glen Waverley area is currently Jellis Craig, representing 29% of new listings, followed by Ray White with 28%. 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.
Location
Market Insights for Glen Waverley VIC 3150
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