2 Tweed Court, Glen Waverley, Vic 3150

$1,200,000

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
678 m²
Area

Published on Wednesday, September 30, 2026 ( See property details for 2 Tweed Court, Glen Waverley, Vic 3150)

$1,200,000

Melissa Van Der Linden Property Consultant | Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual tenancy brick home on a spacious 678m² block in a peaceful court, offering excellent redevelopment potential and immediate rental income in Glen Waverley.

🏡 Property Highlights

  • Dual tenancy setup with immediate rental income potential
  • Prime location in a quiet court adjacent to open parkland
  • Rebuild or redevelopment potential (STCA) on a broad 678m² allotment
  • Close to Highvale schools, sporting fields, and reserves
  • Easy access to Glen Waverley's shopping, dining, and transport
  • Flexible options for investors, builders, and families

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Shed
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Internal Laundry

Glen Waverley is a vibrant suburb renowned for its excellent schools, lush parks, and convenient amenities. It offers a family-friendly environment with easy access to public transport, shopping precincts, and recreational facilities. The area is highly sought after for its community feel and growth potential, making it ideal for investors and families alike.

What are the redevelopment options for this property?
The property offers redevelopment potential (STCA), allowing for a new family residence or multi-unit development, subject to council approval.
Is the property suitable for dual income or multi-generational living?
Yes, the property is currently configured as two separately tenanted living spaces, making it ideal for dual income or multi-generational arrangements.
What are the nearby amenities and schools?
The property is close to Highvale Primary and Secondary Schools, Wesley College, sporting fields, reserves, and Glen Waverley's shopping and entertainment precincts.
What is the condition of the property and potential renovation scope?
The home is a solid brick structure with existing dual living spaces, offering flexibility for renovation, reimagining, or extension to suit your needs.
Are there any restrictions or overlays affecting development?
The property is zoned NRZ4 Neighbourhood Residential Zone with SBO - Special Building Overlay & VPO, which may influence redevelopment plans and should be checked with local council.
Are there any hidden costs or upcoming council rates associated with the property? Has the property been inspected for structural issues or pest infestations? Are there any existing easements, covenants, or zoning restrictions that could impact redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any planned developments or construction projects nearby that could affect the property’s value or living environment? What are the strata or body corporate considerations if applicable? Are there any ongoing maintenance or repair issues with the current structures? Is the property compliant with all local building codes and regulations? What are the total costs involved in potential redevelopment or renovation? Are there any restrictions on the use of the outdoor spaces or garden studio?

2 Tweed Court, Glen Waverley, Vic 3150 - More Details

$1,200,000

OPPORTUNITY.
Set on approximately 678m² in a quiet court beside open parkland, this solid brick home offers a rare mix of flexibility and upside. Renovate and reimagine, hold as a ready-made investment with two tenancies already in place, knock down and rebuild an executive family residence, or explore redevelopment potential (STCA). All this in the sought-after Highvale school zone, making it a compelling proposition for investors, builders, developers and families alike.

PROPERTY.
The home is currently set up as two separately tenanted living spaces, giving an immediate and diversified rental return from day one. The main residence offers three bedrooms and two bathrooms, with a living zone, kitchen and meals area. A separate one-bedroom, one-bathroom section provides self-contained living, ideal for dual income now or multi-generational living in future.
Outside, a timber deck and private courtyard gardens with a garden studio/shed create easy outdoor space. A wide driveway provides generous off-street parking. The generous, irregular allotment with its broad court frontage gives plenty of scope for your next move, whether that's a rebuild or a larger redevelopment (STCA).

LOCATION.
Tucked away in a peaceful court with sporting fields and tennis courts right on its doorstep, the home is zoned for Highvale Primary and Highvale Secondary College. Larpent Reserve is close by, and Wesley College is within easy reach. The Glen's shopping, dining and entertainment are just 1.7km away. Glen Waverley Station and the vibrant Kingsway precinct are around 2.4km away, with easy access to the Monash Freeway for a smooth commute to the CBD.

DETAILS.
Configuration: Dual tenancy, 3 bed/2 bath + 1 bed/1 bath (4 bedrooms, 3 bathrooms in total)

Land: Approx. 678m²

Internal: Approx. 170m²
Schools: Highvale Primary & Highvale Secondary
Zoning: NRZ4 Neighbourhood Residential Zone, SBO - Special Building Overlay & VPO

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
4
Bathrooms
3
Parkings
2
Area
678 m²
House Size
170 m²

Price guide

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Inspections times

  • Inspection Sat 3 Oct 10:00 am

    Saturday 3 October
    10:00 am - 10:45 am

Auctions

  • 2 Tweed Court, Glen Waverley, Vic 3150

    Saturday 24 October
    11:00 am
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