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11 Mitre Crescent

Bayswater VIC 3153

3
1
919 m²
House
Currently for sale - view listing

Overview

Prime Bayswater Development Opportunity 919 Sqm with Multi-Unit Potential (STCA)

Positioned in a quiet and well-established pocket of Bayswater, 11 Mitre Crescent presents an exceptional opportunity for builders, developers, and land buyers seeking a substantial residential development site in a high-demand location. Set on approximately 919 square metres of land, the property offers outstanding scope for redevelopment, with potential for a 34 unit project (STCA). The existing dwelling is in original condition and requires significant renovation works, making this an ideal proposition for those looking to clear the site and maximise its future potential. A key advantage of the property is the absence of a vegetation overlay, providing greater flexibility and simplifying the planning process for future development outcomes (STCA). Property Features: Land area: 919 square metres approx. Potential 34 unit development site (STCA) No vegetation overlay Quiet residential location Ideal new home or townhouse redevelopment opportunity Strong demand precinct with excellent future upside Conveniently located close to local schools, parks, shopping facilities, public transport, and major road networks, this is a rare opportunity to secure a sizeable development site within one of Melbourne's continually growing eastern suburbs. For further information or to arrange an inspection, contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au.

Features

3 bedrooms
1 bathroom
919 m² lot size
House

Happy sellers in Bayswater

90%
90% of sellers in Bayswater reported that their sale price either exceeded or met their price expectations.

Bayswater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 51 reviews in Bayswater over the last 12 months.

Local market activity for 3 bedroom houses in Bayswater

In the last 12 months, 72 three-bedroom houses similar to 11 Mitre Crescent, have been sold.

This represents a 6% decrease in three-bedroom houses sales when compared to the previous 12 months.

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