65-67 Railway Parade North Glen Waverley, VIC 3150

Last available freehold development site
Commercial 1 Zoning + DDO12 overlay
Multi-tenancy design potential
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

• 381m2* Freehold landholding with 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

• Neighbouring 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 with a broad range of uses. This precinct attracts attention from several national and long-term tenants, with several already present. Ideal for retail, professional services, hospitality, medical, wellness and others, with strong returns achievable.
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 please contact:
Ryan Trickey - 0400 380 438
Will Jonas - 0422 883 011

*approximates only