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17 Meryla Street

Burwood NSW 2134

3
1
2
468 m²
House
Currently for sale - view listing

Overview

Prime Burwood North Metro Opportunity - Existing Home, Commercial Zoning & Future Upside

Positioned in the heart of the emerging Burwood North Metro Precinct, 17 Meryla Street, Burwood presents a rare opportunity to secure a substantial landholding with immediate residential appeal and significant long-term development potential. Offered to market by Spiro Mavridis and Aaron Chen of Ray White Burwood, this versatile property occupies approximately 468sqm of land and enjoys a strategic position within the State-led Burwood North Metro rezoning precinct. The broader precinct is currently the subject of significant planning reforms designed to support higher-density housing and mixed-use development surrounding the future Burwood North Metro Station. Current planning proposals across the precinct contemplate substantial density increases, with parts of the area seeking Floor Space Ratios up to 4.5:1 and capacity for approximately 18,300 new homes as part of Sydney's next major transport-oriented growth corridor. The existing residence offers comfortable accommodation with: Three generous bedrooms Separate study/home office Functional family floorplan Commercial zoning allowing use as a medical practice or professional consulting rooms (STCA) One off-street parking space positioned at the front of the property Approximate land area of 468sqm What truly distinguishes this offering is its unique combination of current usability and future potential. Buyers can occupy, lease, establish a professional practice, or land-bank within one of Sydney's most closely watched urban renewal precincts. Located within the Burwood North growth corridor, the property sits inside an area identified by both Burwood Council and the NSW Government for substantial renewal associated with the future metro station, new employment opportunities, enhanced public domain, and increased residential density. The precinct extends through the Meryla Street area and is expected to become one of Sydney's most significant transit-oriented communities over coming years. (Burwood Council) Whether you're an owner-occupier, investor, medical professional, or developer seeking exposure to one of Sydney's most transformative precincts, 17 Meryla Street offers a compelling opportunity to secure a foothold in the future of Burwood North.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
468 m² lot size
House

Property history for 17 Meryla Street

2022
Rented
Undisclosed
Leased on 02 Aug 2022 by Zoom Real Estate Burwood
2021
Rented
Undisclosed
Leased on 24 May 2021 by Zoom Real Estate Burwood

Happy sellers in Burwood

87%
87% of sellers in Burwood reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 73 reviews in Burwood over the last 12 months.

Local market activity for 3 bedroom houses in Burwood

In the last 12 months, 27 three-bedroom houses similar to 17 Meryla Street, have been sold.

This represents a 73% decrease in three-bedroom houses sales when compared to the previous 12 months.

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