2 Meryla Street

Burwood NSW 2134

1597 m²

House

Currently for sale - view listing

Overview

Outstanding Burwood North Development Opportunity Three Homes on a Prime Corner Site

Commanding a prominent corner position at the intersection of Shaftesbury Road and Meryla Street, this exceptional opportunity comprises three double-brick residences, all currently tenanted, offering immediate rental income while unlocking outstanding future development potential. Situated within the Burwood North Master Plan rezoning area, the site presents an exciting opportunity for developers, investors and land bankers to secure a strategic position in one of Sydney's most sought-after growth precincts. The proposed planning controls include MU1 Mixed Use zoning, a proposed 3:1 Floor Space Ratio (FSR) and a building height limit of 42 metres. The rezoning proposal is expected to be finalised in 2026, subject to the relevant planning approvals and government processes. Adding further appeal, Sydney Harbour views and CBD skyline views can be enjoyed from Level 2, enhancing the site's potential appeal for future residential development, subject to design and planning requirements. The location is equally impressive, positioned just one street away from Westfield Burwood Shopping Centre and within easy walking distance of Burwood Train Station, the proposed Burwood North Metro Station, Burwood Public School and the prestigious MLC School. Burwood Park is also only a short stroll away, providing a welcome green retreat in the heart of the suburb. Property highlights: -Prime corner position at Shaftesbury Road and Meryla Street -Three double-brick residences, all currently tenanted -Located within the Burwood North Master Plan rezoning area -Proposed MU1 Mixed Use zoning -Proposed 3:1 FSR and 42-metre height limit -Just one street away from Westfield Burwood -Walking distance to Burwood Station and the proposed Burwood North Metro Station -Close to Burwood Public School, MLC School and Burwood Park -Ideal for developers, investors and strategic land bankers A rare opportunity to secure a substantial corner landholding combining existing rental returns, panoramic outlook potential and exciting future development prospects in one of Sydney's most strategically positioned urban renewal precincts. Secure your position in the future of Burwood North.