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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Development Approved 
