To be sold together as one. This is a rare and limited opportunity for you to secure this exceptional double development site totaling 1360m2 approximately in the heart of Burwood, near the Commercial Hub and close to Toorak Rd Shopping Precinct.
Suitable for a variety of high density development options located within the sort after coveted Residential Growth Zone 1 (RGZ1), suitable for development into Terrace Townhouses, Multi-level Apartments, Serviced Apartments, Medical or Student Accommodation. [All Subject to Council and other Local & State Government Authorities Approval and Permission (S.T.C.A.)]
This Blue Ribbon Locale borders Camberwell and is within walking distance to Deakin University, PLC, Mount Scopus Memorial College, Trams, Buses Gardiners Creek Trail and shopping at Bennettswood and Toorak Rd.
Further, the two quality homes that are currently on the site, offer you options for a comfortable lifestyle and significant holding income while you plan and get organise your future development.
No. 131 is an updated 7 bedroom, 2 bathroom 3 WC home, operating as a licensed student housing accommodation and earning significant income. It features a renovated kitchen (s/s appliances), heating/cooling, a garage and carport.
No. 133 is a much-loved, classic 1960's double storey home that has been beautifully updated and displays original art deco charm including a curved porch, curved walls, high ceilings, French doors, casement windows and picture rails. The spacious 3 bedroom 1 bathroom design boasts a ground floor bedroom (BIRs), 2 attic-style bedrooms (BIRs), Blackwood kitchen (s/s appliances), balcony, formal lounge and formal dining areas. Plus: ducted heating, extensive storage, stunning gardens and remote garage (with backyard access).
This site is positioned on the high side whilst the location is highly regarded by families, investors and developers alike. Close to Wattle Park, Emmaus College, Wattle Park Primary and St. Benedict's Primary.
-Large 1360m2 double allotment
-Significant Income from rental
-Residential Growth Zone 1 (RGZ1)
-Potential for Multi-Unit/Terrace Townhouse Site (S.T.C.A.)
-Potential for Multi-Storey Apartment Site (S.T.C.A.)
-Walking distance to Deakin University
-Opposite PLC
-Tram at Doorstep
-Bus at Doorstep
-Walking distance to Gardiners Creek and Historic Trail
-Close to Wattle Park Golf Course & Wattle Park Chalet and Reserve
THIS OPPORTUNITY IS NOT TO BE MISSED. With the fast growth and rapid change of Burwood over the past 15 years and even further exciting plans set for the future.
Please Note: [All Subject to Council and other Local and State Government Authorities Approval and Permission (S.T.C.A.)]
Auction on site & to be sold together: Saturday 21st November 2015 @ 3.30pm (UNLESS SOLD PRIOR)
Please contact Leo Lu 0430 334 421 or Eric Lin on 0419 244 691 or (03) 9838 1388 for further details and a confidential discussion on your future plans for this excellent development site at 131 & 133 Burwood Highway Burwood.
Proudly Presented by First National Lindellas Projects. We Put You First!
View more
View more
