380 Waverley Road, Mount Waverley, Vic 3149

Watch the value of your investment climb with this superb Mount Waverley development opportunity. Subdivide, extend or build your dream home from scratch. The options are endless with this generous-sized property situated in the sought-after Mount Waverley Secondary College Zone.

Ideally situated for Mount Waverley Secondary College this property is currently tenanted by long-term tenants, returning $2,930 per month. It offers an exceptional opportunity for an individual or developer to create a unique and profitable project. Choose to extend the existing house to maximise its space and potential or build a new family-sized home from scratch. Thanks to the generous size of the plot, this unit also offers the possibility of creating a multi-unit/townhouse development (STCA).

The current property is accessed via a spacious hallway and has been designed to fit five bedrooms along with a good-sized kitchen with plenty of storage, a bathroom with large shower, floor-to-ceiling tiles and a toilet. A second toilet is also located off to the laundry. The spacious backyard offers plenty of potential for creating a landscaped garden and terrace or for development/extension of the interior living areas.

This is a good-quality property offering solid construction and boasts ducted heating throughout. Located in the Mount Waverley Secondary College Zone, it is a short walk from the heart of Mount Waverley Village and Mount Waverley Primary School. Mount Waverley Station and the Monash Freeway are a short drive away, providing fast and easy access to the Central Business District and Melbournes numerous city-centre facilities.