A fabulous development opportunity in a position of enviable convenience; only minutes walk and within the Mount Waverley Secondary College zone plus within the Essex Heights Primary school zone (STSA) and close to Mount Waverley train station & shops. The land is situated in a peak position with much of the area capturing city views; the allotment is rectangular and offers 647 square metres approximately. The current owners had plans to build their 5 bedroom dream home for which the concrete slab is poured, however circumstances have changed and the property is ready for a new owner to pursue their dream. Conveniently situated close to local shops, tram, bus and train, plus with easy access to the new Glen shopping precinct and Chadstone Shopping Centre, Monash University, Riversdale Golf Course, Medical Centre and the M1 Freeway, this is one of the best opportunities for future development (STCA) and value offered in today's market.