3 Forster Road
Mount Waverley


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Property Features


Property ID: 3212769

Land Size
860.00 m2

Ready-made development opportunity


Under Offer

Sitting on an expansive 861m2, this is a supreme opportunity for astute developers not to be missed.

On sale with planning permits for 2 sizeable townhouses (awaiting final council endorsement), the current property showcases a 4 bedroom (including master bedroom with ensuite), 2 bathroom home with 3 separate living areas. Developers will have confidence knowing great rental returns are available while the development is being planned out.

The two townhouses in the planning permit makes great use of the land, both boasting contemporary open plan family, dining and kitchen spaces. Downstairs also reveal the master bedroom with WIR and ensuite, as well as an additional study and powder room. Upstairs, 3 additional bedrooms offer plenty of room for growing families, while the spacious rumpus provide an additional entertainment or family zone. Coalesced with generous gardens and completed with secure double garage, these are future-proof townhouses itching to be developed.

Conveniently located amongst quality local schools and within the coveted Mount Waverley Secondary zone, the property is a short distance to The Glen, Chadstone Shopping Centre as well as plenty of smaller local amenities. Those who favour outdoor activity will find a plethora of local parks nearby. Transport is made easy via the Monash freeway and quick PT access via bus routes and Mount Waverley Station.