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50 Montclair Avenue, Glen Waverley, VIC, 3150

Development Approved
DETAILS
Activity Centre - Multi Use Development

Ray White Commercial are pleased to offer one of the last strategic sites in central Glen Waverley.

For Sale is this unique and diverse mixed use development site. With both commercial and residential, 50 Montclair Avenue offers any developer an exciting opportunity to benefit from one of Melbourne's strongest commercial precincts together with one of the most sought after residential locations. Glen Waverley has everything a buyer could want!

Floor plates includes:

  • Car Parking 2,418m2
  • Ground Floor/ Level 1: food, retail & entertainment** 1,520m2
  • Levels 2 - 4: commercial / medical** 2,232m2
  • Levels 5 to 10: residential 2- 3 bed dwellings** 3,543m2
  • Total floor area 9,713m2*

Major points of interest include:

810m2 of Commercial Zone1 Land with DDO12 area D
Plans and permits approved for 11 levels of mixed use Development
Significant 18m* Frontage with excellent land topography
Unparalleled accessibility to the Melbourne CBD via Glen Waverley Train Station, Monash Freeway and Springvale Road
100m* walk to Glen Waverley Train Station and Bus Stop
Located only 330m* the newly refurbished Glen Shopping Centre (over 240 shops/retailers)
A strategic central location within a 7-day precinct positioned to service an affluent demographic catchment of local residents, students, workers, shoppers and international/interstate visitors

There are very few areas of Melbourne that can boast the activity and security that Glen Waverley offers. In many respects it's the perfect mix of retail, office, residential dwellings all mixed with food and entertainment.

With no further landholdings being available, and a DA approved for such a significant plan this property is a generational purchase and one any owner will be proud of.

50 Montclair Avenue Glen Waverley is an opportunity not to be missed.

For a detailed summary of the plans, permits, Contract of Sale and Information Memorandum, please contract Ryan Trickey 0400 380 438 Or Ben Ainsworth 0412 534 028

Note * denotes approx. ** subject to council approval (STCA)

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
14th October 2021 at 12pm
Property Area
AREA:
810 m² (*approx)
Property Type
TYPE:
Mixed Use,
Development Approved
DEVELOPMENT APPROVAL:
11 levels of mixed use Development

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50 Montclair Avenue, Glen Waverley, VIC, 3150

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