77 Gateshead & 301 Stud Road, Wantirna South, VIC 3152

Exclusive Offering from Ray White Commercial

Discover a rare opportunity to secure a substantial infill site in the heart of Wantirna South. This prime corner allotment, spanning an impressive 1,501 square meters, presents an exceptional development potential.

Key Features:

• Residential Growth Zoning (RGZ): Benefit from the flexibility and desirability of Schedule 1 zoning.

• Prime Location: Situated just steps from Westfield Knox, this property enjoys a highly sought-after location.

• Elevated Land: The elevated terrain offers panoramic views and enhances development possibilities.

• Service Lane Access: A convenient service lane runs along the western boundary, providing easy access for future residents.

• Corner Site: The corner position provides ample frontage and visibility.

• Existing Income: Generate immediate income from the current dwellings with short-term leases.

• Development Potential: Explore various development options, including high-density residential or mixed-use projects.

Market Insights:

• Strong Demand: The local market is characterised by a shortage of similar-sized properties, driving demand for this exceptional opportunity.

• High Property Values: Average apartment prices in the area are $621,000, and average house prices in Wantirna South exceed $1,300,000.

To learn more or schedule an inspection, please contact:

Ryan Trickey: 0400 380 438

Will Jonas: 0422 883 011

*All measurements and figures are approximate. *Boundary lines are indicative only. *All information provided is believed to be accurate, but no representation is made by the vendor or agents.

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