Australia | Glen Iris

$2,700,000 to $2,900,000

38 Britten Street, Glen Iris VIC,3146 Australia

# Location

Description

Exclusive Development Opportunity in Prestigious Glen Iris We are thrilled to present an unparalleled opportunity to acquire a prime property in one of the most sought-after pockets and prestigious streets of Glen Iris. This exclusive site, now available for sale, offers a ready-to-go project meticulously curated over two years to secure the planning permit application.

This is a once-in-a-lifetime chance to build a project of this calibre without the need to invest years in the planning process. The groundwork has been thoughtfully prepared, offering a seamless development journey for the new owner.

Designed by the award-winning and renowned architectural firm Sync, the project features an architecturally stunning side-by-side luxury rebuild. Each expansive townhouse is a masterpiece of design, featuring a range of luxurious amenities including a basement cinema room, a state-of-the-art lift, and a wet bar perfect for entertaining. The thoughtful design includes four spacious bedrooms, curved walls that add architectural elegance, and bespoke finishes throughout, promising a safe return on investment in this highly desirable street.

Key Highlights: - Prime Location: Positioned in the heart of Glen Iris's most desirable enclave, synonymous with prestige and luxury. - Ready-to-Go Project: Skip the extensive planning process with approved plans for a stunning, architecturally designed luxury rebuild by Sync. - High Return Potential: Benefit from the strong resale market in this high-demand area, with exceptional estimated returns based on comparable luxury townhouses. - Strong Resale Market: Glen Iris is a highly sought-after suburb with a proven track record of robust resale values, ensuring a lucrative opportunity for developers.

The property is ideally positioned to enhance a modern family lifestyle, with proximity to Gardiners Creek walking and bike tracks, Nettleton Park Reserve, and a range of shopping options including Leo's Fine Food Supermarket, Ashburton Village, and the Chadstone or Malvern precincts. It is also conveniently located near Melbourne's most esteemed public and private schools, Glen Iris station, and CityLink, offering seamless access to the CBD.

Currently, the site features a classic brick Art Deco family home with a flexible floor plan, including four to five bedrooms, a modern kitchen with quality appliances, and expansive living spaces that flow to a rear deck and sheltered play area. While the existing home provides charm and comfort, the true value lies in the development potential of this prime Glen Iris location.

Don't miss this unique opportunity to create a landmark in Glen Iris's most prestigious location. Act now to secure your next exclusive development.

For more information or a copy of the approved plans please contact Claudiu Escu on 0401 504 230.

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Claudiu Escu

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