132-134 Glen Huntly Road, Elwood, VIC, 3184

Ray White Mount Waverley is pleased to present for sale 132-134 Glen Huntly Road, Elwood, a permit approved development site for 6 luxury townhouses.

Situated on a rectangular landholding, the property has a total frontage of 17 m* to Glen Huntly Road.

The key highlights of the opportunity include:

- 643 sqm* landholding with a total frontage of 17 m* to Glen Huntly Road
- Two (2) existing residential dwellings on the property which provide strong holding income. Ability to renovate and value-add opportunities
- Affluent and high demand suburb with a median house price of $2,400,000**
- Permit approved for six (6) luxury townhouses
- Situated only a short distance from Glen Huntly retail strip, that includes a Coles, Officeworks, Commonwealth bank and further retail options
- Public transport options include Elsternwick train station (850 m*) and multiple bus routes on Glen Huntly Road
- In close proximity to Elsternwick Park Oval (250 m*), Elwood Primary School (250 m*), Elwood College (450 m*) and Elwood Beach (850 m*)
- Potential for alternate uses including apartments, medical or child care (STCA)

* Approximately
** https://reiv.com.au/market-insights/suburb/elwood

The development site presents a rare opportunity to acquire a permit approved landholding in Elwood.

132-134 Glen Huntly Road, Elwood is offered for sale. To obtain further information or to arrange an inspection, please contact the selling agents at Ray White Mount Waverley.

Jacob Biviano
0416 088 586

Courtney Matthews
0403 438 457

Photo ID required at all open for inspections.