1&2/1A High Road

Camberwell VIC 3124

736 m²

House

Currently for sale - view listing

Overview

Bespoke Development Goldmine: 736sqm GRZ5 allotment in elite Camberwell Pocket

Offering significant development potential in a prized Camberwell setting, this substantial 736sqm (approx.) landholding presents an exciting opportunity for developers, builders and astute investors. Zoned GRZ5 and offered together for the first time, the site comprises two established residences, creating outstanding scope to explore a future redevelopment and maximise the potential of this well-positioned allotment (STCA). With two existing homes already in place, the property also provides valuable flexibility while future plans are considered. Each residence features two bedrooms and one bathroom, offering the potential to generate rental income in the interim, retain and enhance the existing dwellings, or investigate redevelopment options that take advantage of the site’s generous proportions and highly sought-after location (STCA). Positioned in a tightly held Camberwell pocket, the property is moments from Burke Road, Camberwell Junction and Hartwell Village, with Route 72 trams, local transport and the Monash Freeway all within easy reach. Adding further appeal, the address is zoned for Camberwell South Primary School, Auburn High School and Canterbury Girls’ Secondary College, reinforcing the long-term desirability of this exceptional site. - Substantial 736sqm (approx.) combined landholding - GRZ5 zoning with exciting redevelopment potential (STCA) - Two established residences offered together for the first time - Each residence comprises 2 bedrooms and 1 bathroom - Opportunity to lease the existing homes while exploring future plans - Zoned for Camberwell South Primary School, Auburn High School and Canterbury Girls’ Secondary College - Moments from Camberwell Junction, Burke Road and Hartwell Village - Close to Route 72 trams, transport and the Monash Freeway Private inspections can be booked via appointment.