Prime Corner Allotment: Infill Opportunity Near Westfield Knox

Exclusive Offering from Ray White Commercial

Discover a rare opportunity to secure a substantial infill site in the heart of Wantirna South. This prime corner allotment, spanning an impressive 1,501 square meters, presents an exceptional development potential.

Key Features:
• Residential Growth Zoning (RGZ): Benefit from the flexibility and desirability of Schedule 1 zoning.
• Prime Location: Situated just steps from Westfield Knox, this property enjoys a highly sought-after location.
• Elevated Land: The elevated terrain offers panoramic views and enhances development possibilities.
• Service Lane Access: A convenient service lane runs along the western boundary, providing easy access for future residents.
• Corner Site: The corner position provides ample frontage and visibility.
• Existing Income: Generate immediate income from the current dwellings with short-term leases.
• Development Potential: Explore various development options, including high-density residential or mixed-use projects.

Market Insights:
• Strong Demand: The local market is characterised by a shortage of similar-sized properties, driving demand for this exceptional opportunity.
• High Property Values: Average apartment prices in the area are $621,000, and average house prices in Wantirna South exceed $1,300,000.

To learn more or schedule an inspection, please contact:
Ryan Trickey: 0400 380 438
Will Jonas: 0422 883 011

*All measurements and figures are approximate. *Boundary lines are indicative only. *All information provided is believed to be accurate, but no representation is made by the vendor or agents.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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