3 and 5 Alwyn Street, Bayswater VIC 3153

This is a prime development site if ever there was one 2 adjoining homes measuring approx 1655sqm available, zoned High Density Residential 1 giving you impressive potential. Depending on your requirements, you can design a unit or apartment development to satisfy a market hungry for low maintenance housing. Both owners are offering flexible settlement terms so you can get plans and permits underway before having to pay meaning you save thousands on unnecessary hold costs. There is a permit in place to remove the trees and there is potential for approx 27 apartments (STCA). This is an opportunity to create a unique environment that has the potential to be a standout in the area. And speaking of the area, you are so close to central Bayswater that you can walk to buses and trains as well as shops and cafes brilliant!

Bed: 3 + 3
Bath: 1 + 2
Car: 2 + 2