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.