What
Set on approximately 259sqm in one of Burnley's most tightly held pockets, this original two-bedroom, one-bathroom residence with potential off-street parking for two vehicles has been completely stripped back internally, presenting a genuine blank canvas for its next owner. Whether your vision is a high-end renovation, a bespoke new home or a rewarding redevelopment project (STCA), the difficult work has already been donethe property is primed for its next chapter.
Adding to its appeal, the site previously benefited from approved plans and permits for three contemporary townhouses, providing an outstanding opportunity for developers to capitalise on an established planning precedent. With no Heritage Overlay affecting the property, purchasers have greater flexibility when considering future redevelopment or a brand-new architectural vision (STCA). A further advantage is the valuable rear access via Gumbri Lane, offering greater scope for future design, parking and construction access.
Why
Opportunities to secure a site with this level of potential are becoming increasingly scarce. With the existing home already gutted and cleared internally, buyers can fast-track the planning and construction process without the time and expense of demolition. Combined with its generous landholding, proven redevelopment history, the flexibility afforded by the absence of a Heritage Overlay and sought-after rear laneway access, this is an exceptional prospect for developers, builders, investors and owner-occupiers looking to create something truly special in a blue-chip inner-city location.
Practical lifestyle advantages further enhance the appeal, with the property offering potential off-street parking for two vehicles while also being eligible for council street parking permitsan increasingly valuable benefit in this tightly held neighbourhood.
Where
Perfectly positioned to enjoy the very best of Burnley, the home is just moments from Burnley Station, Swan Street trams, Church Street's renowned cafés and restaurants, the Yarra River parklands and scenic cycling trails, with effortless access to the CBD and CityLink. Burnley Golf Course and the upgraded Golden Square Bicentennial Park Children's Playgroundscheduled to reopen in August 2026are both within easy walking distance, offering exceptional lifestyle appeal for families and active buyers alike.
Families will also appreciate the property's location within the sought-after Melbourne Girls' College and Richmond High School catchment zones for secondary education, further strengthening its long-term investment credentials. Set within a quiet residential street surrounded by quality homes and ongoing renewal, this is a rare opportunity to secure a prized landholding with significant upside in one of Melbourne's most desirable inner-east locations.
