For sale

151-153 Springvale Road,
Glen Waverley 3150, Victoria

16 bedrooms
11 bathrooms
7 car spaces
1,417m² land size
House

$2,850,000 - $3,100,000

Property Price Statement

Property details

A rare and highly strategic opportunity in Prime Glen Waverley

A rare and highly strategic opportunity to secure a substantial 1,417sqm (approx.) landholding on one title in one of Glen Waverley's most tightly held and consistently high-performing pockets - within the Glen Waverley Secondary College catchment.

This is first and foremost a premium land value play with exceptional long-term upside. The generous allotment, prominent main road exposure and highly desirable school zone positioning make this an ideal future redevelopment site or prestige residential opportunity (STCA).

Importantly, the property is not just a land bank - it also provides an income stream while you hold or plan your future development, making it an attractive proposition for investors, developers and land-bankers alike.

Key Investment Highlights:

- 1,417sqm (approx.) of prime Glen Waverley land on one title
- Located in the Glen Waverley Secondary College zone - always in high demand
- Large, flexible existing improvements providing immediate cash flow
- Exceptional future redevelopment or luxury residential potential (STCA)
- Walking distance to Glen Shopping Centre
- Potential to redevelop multiple units (STCA)
- Potential to upgrade to business use such as rooming house or medical centre (STCA)

In conjunction with AJ lee Property Group
Andrew Lee - 0414 676 420

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.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Inspections


Explore the area


School catchments

  • Glen Waverley Primary School Primary Prep-6 Government 0.43km
  • Highvale Primary School Primary Prep-6 Government 0.79km
  • Glendal Primary School Primary Prep-6 Government 0.83km
  • Wesley College - Glen Waverley Campus Combined Independent 1.1km
  • Holy Saviour Parish School Primary Prep-6 Catholic 1.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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