Exceptional Development Opportunity Located Opposite The Glen Shopping Centre
Knight Frank is pleased to offer this prime development opportunity located in heart of Glen Waverley, for sale by Expressions of Interest.
________________________________________
Property Highlights:
• Generous Land Size: 1,115 sqm*
• Identified within the draft Suburban Rail Loop development plan proposing to increase height limit from 9m* to 27m* (up to 8-storeys)
• Development Potential: Suitable for medical, childcare, aged care, or residential development (STCA)
• Prime Location: Situated in a bustling medical and retail precinct with high foot traffic and excellent visibility
• Current Income: Strong income from a reputable ASX-listed company on a new five (5) year lease term
• Development Clause: Flexible lease terms with development clause allowing immediate access.
• Opposite The Glen Shopping Centre: Major shopping destination with over 205 specialty stores, including David Jones, Target, ALDI, Coles, and Woolworths
• Public Transport: Well-connected with Glen Waverley train station and several bus routes just a short walk away
Don't miss out on this exceptional opportunity to invest in one of Glen Waverley's most sought-after locations.
For Sale via Expression of Interest, closing Thursday 20th March 2025 at 3PM (AEDT).
For more information, please contact the exclusive sales agents:
Remember to mention you found this property on DevelopmentReady
Close
