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366 Burwood Hwy

Burwood VIC 3125

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

Overview

Rare Development Opportunity - 366 Burwood Highway, Burwood

Offering an exceptional 969sqm* parcel of land within a Residential Growth Zone, this property presents a highly flexible development prospect in a prime location. Previously approved for a 5-storey student accommodation, the site is ideal for a high-rise building, multi-use development with ground floor shops and upper-level residences or student accommodation, or even a row of terrace townhouses similar to the neighbouring properties. Strategically positioned within the coveted Mount Waverley Secondary College catchment, it is just moments from Burwood Heights Shopping Centre, Burwood One, city trams, buses on Middleborough Road, Deakin University, PLC, and local primary schools. With such versatile development potential, this is a truly outstanding opportunity for investors and developers seeking immediate construction prospects in a thriving location.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
969 m² lot size
House

Property history for 366 Burwood Hwy

2019
Sold
Undisclosed
24 Jul 2019 by Dennis Shi, of RT Edgar Whitehorse

Happy sellers in Burwood

83%
83% 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 41 reviews in Burwood over the last 12 months.

Local market activity for 3 bedroom houses in Burwood

In the last 12 months, 54 three-bedroom houses similar to 366 Burwood Hwy, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

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