1226 Grevillea Road, Wendouree offers a rare chance for investors to secure a large 671 sqm corner block with previously approved development plans. This property presents a development-ready opportunity, enabling you to fast-track your project with minimal delays. The expansive land size provides flexibility for a multi-unit development or premium townhouse project (STCA).
The site is positioned in a high-demand area, close to key amenities including Stockland Shopping Centre, Wendouree Train Station, schools, and recreational facilities. These factors ensure strong appeal for future buyers or tenants, making it an attractive proposition for long-term growth.
A neat 3-bedroom home currently occupies the property, providing immediate rental income while you plan your development. With Wendouree continuing to experience significant growth and demand, this development-ready site is an ideal investment for those looking for a low-risk, high-reward project.