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This expansive property, spanning approximately 1795 sqm across two titles, offers an unrivalled opportunity in the heart of Burwood. Located within walking distance to Deakin University and Presbyterian Ladies' College, it boasts excellent connectivity to Burwood Highway, tram, and bus lines. Burwood One Shopping Centre is a mere 5-minute drive away, while Box Hill Central is just 10 minutes by car.
Currently, the property comprises three units and two townhouses, generating secure rental income. This versatile site presents multiple possibilities. Whether you envision building your dream home, embarking on a new development project (STCA), or simply holding the land for future appreciation, the choice is entirely yours.
Key Features:
? Prime Location: Walking distance to Deakin University and Presbyterian Ladies' College. Excellent access to Burwood Highway, tram, and bus lines. Just a 5-minute drive to Burwood One Shopping Centre.
? Significant Land Size: Approximately 1795 sqm across two titles.
? Stable Rental Income: Currently leased with secure rental income
? Development Potential: Options to build your dream home or pursue a new development (STCA).
This is a rare opportunity to secure a substantial landholding in one of Burwood's most sought-after locations. Enquire today to explore the potential of this exceptional property.