32 Clanbrae Avenue

Burwood VIC 3125

162 m²

633 m²

House

Currently for sale - view listing

Overview

Prime Investment or Development Opportunity in Blue-Chip Burwood

Unlock the exceptional potential of 32 Clanbrae Avenue. This original single-level weatherboard home offers immediate returns as a high-yielding investment or a premium site for future redevelopment (STCA). Lucrative Rooming House: Currently operating as a fully licensed rooming house, delivering a fantastic rental income. As shown in the referenced "floor plan internal 162sqm.jpg", the layout is optimized with 7 bedrooms, two bathrooms, a central living area with timber floors, and an outdoor deck. Rare Dual-Access Development: Take advantage of the block's dual frontage, featuring primary access from Clanbrae Avenue and a secondary entrance via McGowans Lane at the rear (with an existing driveway and crossover). The street already showcases many successful, high-quality development examples. Unbeatable Location: Proudly situated within the Mount Waverley Secondary School Zone. You are just steps from Burwood Brickworks and within easy reach of Burwood Heights Shopping Centre, Burwood One, Deakin University, Roberts McCubbin Primary School, local parks, and convenient bus/tram routes.