Excellent Multi-Townhouse Development Opportunity. Unique offering with two land titles being sold as one and comes with Council Approved PLANNING PERMITS for Five Luxury Architecturally Designed Townhouses. Entire block size approx. 1470 sqm. Alternatively, dont develop and enjoy the 2 existing properties surrounded by huge gardens, providing a serene environment. Properties currently archiving a rental return of $3683 pcm collectively.

Glen Waverley has truly arrived on the Development radar! Boasting premier location makes it ideal for families you’ll find a lot of established and older families living here, as well as a number of young, independent people here for studies and work. Situated around broad thoroughfares 20kms south-east of the city, it has all the amenities a family could need plenty of space, roomy houses, The Glen shopping centre, a nifty cinema complex and a selection of good schools. The area’s Asian vibe can be felt in the knockout range of restaurants peppered throughout the area. Serving up more charm than people bargain for- food lovers can enjoy Italian fine dining at the architect-designed Sette Bello, or duck into Meega – a hidden Korean gem. You can go everyday shopping on Kingsway or shiny mall shopping at The Glen; check out a movie at Century City Walk or go for a swim at Monash Aquatic and Recreation Centre. This premier site located at 13-15 Tobias Avenue offers all thisplus an enormous range of schools, particularly primary schools and excellent public transport. Buses and trains service the area, which also has excellent major road and freeway access. Situated far enough from the city to afford a spacious way of life, Glen Waverley is a great choice for investors and owner occupiers to snap up this incredible development and benefit from a timely venture, in an area renowned for its lively suite of recreational options, from swimming to shopping to movies to finding a new favourite Asian restaurant.