One of the most significant development opportunities in Melbourne's eastern suburbs has come to market, with RWC Glen Waverley launching a 20,932 sqm landholding at 750 Boronia Road, Wantirna.
Positioned at the heart of the state-significant Wantirna Health Precinct West, the five-acre site arrives with an approved and gazetted statutory planning framework under Amendment C185Knox, paving the way for a landmark healthcare, commercial, and residential destination.
A planning-aligned, six-building concept has been designed by renowned architectural firm, Rothelowman.
The master plan provides for approximately 60,000sqm of above-ground gross floor area, accommodating a diverse mix of medical, commercial, retail, independent living, serviced apartments, and aged care, alongside extensive basement capacity.
RWC Glen Waverley director Ryan Trickey, said assets of this scale and planning certainty rarely surface in Melbourne, let alone in the eastern corridor.
"To have five acres on Boronia Road is a big parcel of land. When we were doing our due diligence, we found only three or four sites across Melbourne in the past four years that were even remotely comparable, it's that hard to find a relevant benchmark for this site," Mr Trickey said.
"There wouldn't be a more significant, easier-to-acquire permit site in Melbourne this year. Every box to bring this thing to market has been ticked, and the pathway to permit from our current status is extremely fluid, with indications it could be achieved in as little as 60 days," Mr Trickey said.
A major driver for institutional investors and developers is the highly streamlined approval pathway. Because the planning framework is already gazetted into the Knox Planning Scheme, subsequent applications that align with the incorporated Comprehensive Development Plan (CDP) benefit from exemptions from statutory notice requirements and third-party review rights.
"The department of transport has already agreed to the new road engineering and contributions are satisfied. Every box to bring this project to reality has been ticked," Mr Trickey said.
The property features around 180 metres of high-exposure frontage to Boronia Road and sits in immediate proximity to established major infrastructure, including Eastern Health Wantirna and Knox Private Hospital.
The launch follows a major neighbouring property transaction, with a separate government landholding sold in early 2026 via the Department of Transport for an undisclosed price, the neighbouring property is under offer, validating institutional appetite for the immediate pocket and adding further weight to the precinct's momentum.
Mr Trickey highlighted the enduring strength of the sector as macro-economic factors shift capital toward defensive assets.
"Across the board, medical has proven to be a safe harbor for commercial investment over the past five years, and we don't see that changing," Mr Trickey said.
Sales Executive Will Jonas explained how we currently have an aging population across the country that continues to inject capital through the allied health network and medical operators.
"We are seeing zero pushback and rising rental growth across the board - from specialised allied health providers like physios, psychologists, and osteopaths, right through to large-scale GPs and diagnostic clinics. Whether it's an institutional healthcare group, an aged care provider, or a major syndicate, this site offers multiple delivery pathways to capture that demand," Mr Jonas said.
