Gross Waddell ICR is pleased to offer for sale 655 Springvale Road, Vermont South, as part of the State Government Portfolio. Positioned near the corner of Springvale Road and Highbury Road, the development potential for this site is immense. With well credentialed schools, major shopping centres, parklands, and sporting fields all within proximity, this location is perfectly positioned for a well-balanced lifestyle.

Key Features:

• Generous landholding of 3,495 sqm*

• Favourably zoned NRZ – Neighbourhood Residential Zone, providing scope for a myriad of development outcomes

• The prominent Glen Shopping Centre and its surrounding infrastructure only 1.5 km* from site

• East Burwood Reserve with an athletics track, basketball stadium, and sporting fields in close proximity

• Burwood One Shopping Centre with a 24-hour Kmart only 1.75 km* away

• Tally Ho Business Park, World Vision HQ and other offices all within a two-minute drive of the site

• Well credentialed schools in Glen Waverley High School, Highvale Primary School & Highvale Secondary all within 3km of the subject site

• Great parks including Billabong Park, Highview Park and Larpent Reserve all within walking distances

• Vermont South boasts a median house price of $1,400,000 and neighbours Glen Waverley with a median house price over $1,700,000 (source REIV)

The property will be sold via a Public Tender, closing Thursday the 28th of May at 12:00pm.. For further information, or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

Nick Meadows 0430 530 088
Danny Clark 0448 066 889
Glenn Ye 0400 880 388
Andrew Waddell 0419 400 991

*approximate
STCA - Subject to Council Approval