A truly rare opportunity to secure one of the last available freehold development sites within the thriving Glen Waverley Activity Centre. This is a strategic chance for developers and commercial builders to capitalise on a prime location. With flexible Commercial 1 Zoning, a past planning permit, and the site sitting under DDO12, this offering supports a landmark mixed-use or commercial building designed for maximum income and exposure.
Key Development Advantages
• Freehold landholding with direct street frontage
• Commercial 1 Zone (C1Z) with support for multi-level development (STCA)
• Located in the Design and Development Overlay Schedule 12 (DDO12) - encouraging higher density
• Surrounded by significant completed and active high-rise mixed-use developments
• Rare opportunity to secure a build-ready site in a fully developed urban core
Strategic Location
• Opposite the recently redeveloped The Glen Shopping Centre with over 240 tenancies
• Meters to Kingsway dining precinct, Century City Walk, and Glen Waverley Station
• Prime location on one of Melbourne's top-performing commercial strips
• Adjoining established buildings - excellent opportunity for seamless integration or shared access
Maximise Multi-Stream Revenue
• Design to incorporate multiple tenancies: retail, medical, office, and boutique residential
• Ideal for health, wellness, hospitality, or corporate suites
• High rental demand from national brands and lifestyle operators
• Opportunity to create a high-yield asset with long-term capital growth and secure income
Final Development Opportunity in the Precinct
With so few remaining development parcels in the Glen Waverley Activity Centre, this is a rare opportunity to build up and secure a prominent, income-producing position in Melbourne's most tightly held eastern commercial zone.
For further details or to request the Information Memorandum, please contact: Ray White - Judd White Group