1,290SQM Approx. Residential Growth Zone Corner Land with Approval for 6 Levels and 35 Apartments
Suited for Student Accommodation, Retirement Living, or Childcare (STCA)
Adjacent To Shopping Centre
Established Homes To Land Bank
Commanding a substantial dual frontage site, this outstanding opportunity can be summarised by the following key attributes:
• Located within walking distance to Vermont South Shopping Centre (300m approx.) comprising a large array of retail and dining options such as Coles Vermont South
• 1,290sqm approx. combined corner landholding with two (2) established family homes offering income potential
• Dual frontages to Burwood Highway (41m approx.) and Cavill Court (28m approx.) with multiple vehicle access/egress points
• Highly favourable Residential Growth Zone & within a substantial change area
• Vermont South has a substantial student population with Deakin University Burwood campus within close proximity to the site
• Landholding is within close proximity to exceptional transport access including the route 70 & 75 tram routes directly across the road from the site, and Nunawading Station within close proximity (4km approx.) and key road arterials Including Burwood Highway and the Eastern Freeway
• Located within elite educational precinct comprising Deakin University (6km approx.), Forest Hill College (1.5km approx.), Livingstone Primary School (500m approx.) and Emmaus College (950m approx.), to name a few
• Landholding is also situated within close proximity to medical facilities & Greenland’s such as Vermont Private Hospital (2km approx.), Knox Private Hospital (4.5km approx.), Billabong Park (300m approx.) and Morack Golf Course (2km approx.)
Features
7 bedrooms
4 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
crop_free1290 m² lot size
cottageHouse
Property history for 440 Burwood Hwy
2020
Rented
Undisclosed
Leased on 04 May 2020 by Little Real Estate | Hawthorn
2017
Sold
$1,600,000
09 Nov 2017 by Andy Shi, of Buxton Camberwell
Happy sellers in Vermont South
87%
sentiment_very_satisfied
87% of sellers in Vermont South reported that their sale price either exceeded or met their price expectations.
Vermont South stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 29 reviews in Vermont South over the last 12 months.
Local market activity for 7 bedroom houses in Vermont South
Sold
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