Great Development Opportunity
Positioned within one of Mount Waverley’s most tightly held and highly sought-after pockets, this exceptional landholding presents a rare opportunity for developers, builders and investors to secure a premium site in a location renowned for its strong buyer demand and outstanding lifestyle credentials.
Occupying a substantial allotment in a quiet, family-friendly streetscape, this property offers outstanding potential for redevelopment, luxury new home construction or multi-dwelling development (STCA). Surrounded by quality homes and successful residential projects, the site is perfectly positioned to capitalise on the continued growth and desirability of the Mount Waverley market.
Whether you’re looking to build an exclusive luxury residence, create multiple townhouses or landbank for the future, opportunities of this calibre in such a blue-chip location are becoming increasingly scarce.
Key Highlights
• Substantial landholding positioned within one of Mount Waverley’s most desirable residential pockets, providing an outstanding foundation for redevelopment, subdivision or the construction of a premium residential project, subject to council approval.
• Located in a high-demand family precinct renowned for its quality schools, transport connectivity and lifestyle amenities, ensuring strong appeal to future owner-occupiers, investors and downsizers alike.
• Favourable site dimensions with a frontage of 16.9m and flat, which offers flexibility for a range of development outcomes, including luxury townhouses, bespoke family residences or multi-dwelling projects, subject to the relevant approvals.
• Situated within a quiet, tree-lined streetscape surrounded by quality homes, established family residences and successful contemporary developments, further underpinning the area’s long-term growth and desirability.
• Exceptional opportunity for developers, builders and investors seeking to capitalise on Mount Waverley’s consistently strong property market and limited supply of quality development-ready sites.
• Ideal project for those looking to create high-end residences in a blue-chip eastern suburbs location where demand for new homes continues to outperform supply.
• Positioned to benefit from excellent local infrastructure, including proximity to The Glen Shopping Centre, Mount Waverley Village, train stations, quality schools, Monash University, Deakin University and major arterial road networks.
• A rare chance to secure a large parcel of land in an established neighbourhood where opportunities for redevelopment are becoming increasingly scarce.
• Surrounded by strong recent townhouse and luxury home developments, providing confidence in the area’s proven buyer demand and future growth prospects.
Conveniently located within close proximity to The Glen Shopping Centre, Mount Waverley Village, public transport, parklands and a selection of highly regarded schools. Residents will enjoy easy access to Monash and Deakin Universities, Monash Medical Centre, major employment hubs and the Monash Freeway, ensuring enduring appeal for future purchasers and tenants alike.
Combining an enviable location, strong underlying land value and exciting future possibilities, this is a rare chance to secure a premium development site in one of Melbourne’s most prestigious eastern suburbs.
Contact Scott Kim and Ethan Tsui today on (03) 9808 0481 for more information and secure this stunning home today!
** Sale Method: Private Negotiation
** Settlement: Flexible
** Inspection: By Appointment Only (Must provide phone number with the enquiry)
