$1,150,000 - $1,250,000
3 Bed • 1 Bath • 1 Car • 605m²
New
3 Newhaven Road, Burwood East VIC 3151
$1,150,000 - $1,250,000
- 3Bed
- 1Bath
- 1 Car
- 605m²
House for sale27 days on Homely
Next inspection:Tue 30 Apr 2:00pm
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House description
“Home-Ownership or Development Opportunities on 605 Sqm (Approx)”
This property's high visibility location, proximity to Burwood East sports grounds, and approximately 605 sqm building envelope make it perfectly suited to redevelopment, either as a luxury home or multi-unit townhouse site. Favourable zoning and neighbourhood development precedence will work in your favour, encouraging future purchasers to take advantage of the area's fantastic blue-chip amenity.
Alternatively, the property's low maintenance and comfortable design favours restoration and renewal, with features such as original hardwood flooring and rear east-facing perspectives ideal for the lived-in experience. Further features include three large bedrooms with BIR, kitchen, bathroom, laundry, and rear alfresco area.
Seen from both an investment perspective or home-ownership point of view, this property represents a significant opportunity for renewal, or redevelopment (STCA).
The 732 bus to Box Hill and Upper Ferntree Gully, and the 71-tram to the city and Deakin University, sit just outside the door. Retail opportunities include close proximity to Vermont South SC, Burwood One SC, and Forest Hill Chase.
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