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House for Sale in Glen Waverley
728m² (Approx) with 16.8m Frontage - Prime Dual Occupancy Site in GWSC (GRZ2)
- 5 Beds
- 2 Baths
- 2 Cars
Expression of Interest | Closing Date 10th April at 5pm 2026
Ideally positioned in the heart of Glen Waverley and set on a substantial 728sqm (approx.) rectangular allotment with an impressive 16.8m frontage, this original 5-bedroom, 2-bathroom residence presents exceptional potential for redevelopment, dual occupancy, or investment (STCA) within the highly sought-after Glen Waverley Secondary College Zone (STSA). With its generous frontage and General Residential Zone - Schedule 2 (GRZ2), the site is perfectly suited for a luxury new home or multi-unit development, offering strong appeal to builders, developers, and investors seeking flexibility and future upside (STCA). The existing home provides a practical layout with multiple living zones, a functional kitchen, two bathrooms, and double car accommodation, allowing for immediate rental income while future plans are considered.
Adding further opportunity, the neighbouring corner allotment at 757 High Street Road, spanning approximately 725sqm, operates as a fully functional orthodontic clinic with 10 on-site car spaces and permits for two practitioners, offering immediate commercial use and future redevelopment potential (STCA). Surrounded by The Glen Shopping Centre, Glen Waverley Train Station, Kingsway dining precinct, Wesley College, and within walking distance to Glen Waverley Secondary College and Highvale Primary, this is a rare chance to secure a premium, high-potential landholding.
Opportunities of this scale, frontage, zoning, and positioning are increasingly scarce-secure a site with outstanding scope to develop, invest, or build your dream home (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.
728m² / 0.18 acres
2 carport spaces
5
2
Next Steps:
Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll 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.
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