INVEST & DEVELOP ON PRIME CORNER SITE

• Permit ready for 30 apartments

• Approved 4 storey development

• Land Size: 1,121m2 (approx)

• Dimensions 30.65 x 36.58

• Potential rental growth

• Current rental income: $71,027.25pa (approx)

• Zoned: General Residential

Located in one of Melbourne’s fastest growing suburbs and only a short 30 minutes or 22 kilometres via the South Eastern Freeway this property is situated on the corner of Waverley Road and Glenwood Avenue.

Currently tenanted to a car wash this site is permit approved for 30 apartments over 4 levels.

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