Unlimited potential awaits with this exceptional property, offering a rare opportunity for development in the sought-after Glen Waverley area. Perfect for commercial industry or large consulting suites close to Waverley Private Hospital, this property also presents the chance to create 3-4 residential dwellings or a luxurious family home complete with a swimming pool and tennis court. Situated on a substantial 1308m² corner block with access from both Blackburn Road and Turner Court, the site is ideally positioned for a variety of developmental ventures (STCA). This renovated family residence features 5 bedrooms plus a study, 3 bathrooms, and a 3-car garage. The home is beautifully appointed with a formal lounge and sunroom, a formal dining room, an extra-large rumpus room, a second master bedroom with a walk-in robe downstairs, a second kitchen and laundry area, and an underground wine cellar. Enjoy the convenience of being surrounded by high-end prestige new homes and being close to popular local amenities such as The Glen Shopping Centre, cinema, Kingsway dining and cafes. Educational facilities are within easy reach, with Syndal South Primary School only 700m away, Huntingtower College 1.3km away, and Holmesglen TAFE College just 1.5km away. The property is also a short drive to Wesley College and Glen Waverley Secondary College, and within walking distance to Syndal Train Station and local bus stops, with easy access to the Monash Freeway. Key highlights include: - Developmental opportunity for commercial industry or residential dwellings (STCA) - Large corner block (1308m²) with dual street access - Renovated 5-bedroom home with a study and 3 bathrooms - Underground wine cellar - Close proximity to schools, shopping, dining, and transportation Seize this unparalleled opportunity to secure a prime piece of real estate with limitless possibilities in Glen Waverley.