For Sale

151-153 Springvale Road, Glen Waverley, Vic 3150

$3,100,000 - $3,300,000

House

Type

Bedrooms

Bathrooms

Parkings

1,417 m²

Area

Published on Thursday, July 23, 2026 ( See property details for 151-153 Springvale Road, Glen Waverley, Vic 3150)

$3,100,000 - $3,300,000

View the agent price guide.

Anna Du Licensed Estate Agent

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Jackie Chen Assistant to Anna Du

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A substantial 1,417sqm property in Glen Waverley offering immediate income and exceptional redevelopment potential within a highly desirable school zone.

🏡 Property Highlights

Prime 1,417sqm landholding in Glen Waverley with high redevelopment potential
Located within the sought-after Glen Waverley Secondary College catchment zone
Existing large, flexible improvements providing immediate high-yield income
Prominent main road exposure offering excellent visibility and accessibility
Walking distance to Glen Shopping Centre for convenience
Potential for multiple unit redevelopment or alternative business uses (STCA)

✨ Key Features

Waterfront / Views
Open-Plan Living
Built-in Robes
Garage / Secure Parking
Outdoor Area / Balcony
Floorboards
Secure Parking
Water tank
High energy efficiency
Built in wardrobes

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151-153 Springvale Road

Glen Waverley, VIC 3150

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Suburb and Property Insights of Glen Waverley, VIC 3150

Glen Waverley is a highly sought-after suburb renowned for its excellent schools, vibrant shopping precincts, and strong community atmosphere. It offers convenient access to public transport, parks, and amenities, making it ideal for families and investors seeking long-term growth. The area’s consistent high demand ensures excellent capital appreciation and rental yields, supported by its strategic location and quality infrastructure.

Frequently Asked Questions

What are the potential uses for this property beyond residential redevelopment?

The property has potential for various uses such as a rooming house or medical centre, subject to council approval (STCA).

Is there existing income from the property while planning redevelopment?

Yes, the property provides a strong, high-yield income stream, making it attractive for investors while holding or planning future development.

What are the zoning and planning restrictions for redevelopment?

The property is in the Glen Waverley Secondary College zone, with potential for multiple units or other uses (STCA). Specific zoning details should be confirmed with local council.

Are there any existing structures or improvements on the property?

Yes, the property features large, flexible improvements that provide immediate cash flow and can be adapted for future use.

What is the condition of the current improvements?

The existing improvements are large and flexible, suitable for immediate income generation, with potential for future redevelopment.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance requirements for the existing improvements? Has the property been assessed for flood or bushfire risks in this area? Are there any zoning restrictions or easements that could impact redevelopment plans? Is there any ongoing or planned nearby construction that could affect the property? What are the strata or council requirements for future development or subdivision?

151-153 Springvale Road, Glen Waverley, Vic 3150 - More Details

$3,100,000 - $3,300,000

A rare and highly strategic opportunity to secure a substantial 1,417sqm (approx.) landholding on one title in one of Glen Waverley's most tightly held and consistently high-performing pockets - within the Glen Waverley Secondary College catchment.

This is first and foremost a premium land value play with exceptional long-term upside. The generous allotment, prominent main road exposure and highly desirable school zone positioning make this an ideal future redevelopment site or prestige residential opportunity (STCA).

Importantly, the property is not just a land bank - it also provides a strong, high-yield income stream while you hold or plan your future development, making it an attractive proposition for investors, developers and land-bankers alike.

Key Investment Highlights:

- 1,417sqm (approx.) of prime Glen Waverley land on one title
- Located in the Glen Waverley Secondary College zone - always in high demand
- Strong holding income / high yield return
- Large, flexible existing improvements providing immediate cash flow
- Exceptional future redevelopment or luxury residential potential (STCA)
- Walking distance to Glen Shopping Centre
- Potential to redevelop multiple units (STCA)
- Potential to upgrade to business use such as rooming house or medical centre (STCA)

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Type: House
Bedrooms: 16
Bathrooms: 11
Parkings: 14
Area: 1,417 m²

Price guide

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151-153 Springvale Road, Glen Waverley, Vic 3150

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