67 Elgar Road

Burwood VIC 3125

609 m²

House

Currently for sale - view listing

Overview

Land Banking Opportunity

67 Elgar Road Burwood Vic 3125 A premium opportunity, situated directly opposite Deakin University, this weatherboard house on approximately 609sqm is sure to catch the eye of investors or those who wish to capitalise on its superb redevelopment potential (STCA). For buyers wishing to lease out the home, it has five bedrooms, and each bedroom has a bathroom, fully equipped kitchen and a living area, heating and cooling, a sizeable backyard and a single garage set behind secure gates. The five bedrooms make this property ideal for leasing separately, ensuring an optimal return on investment. It is also a short stroll to bus and tram stops, PLC, Wattle Park & Golf Course, and Gardiners Creek Reserve & Trail. It is an easy commute to Wattle Park Primary School, Kingswood College, Mount Scopus Memorial College and several popular shopping and dining precincts. Situated directly opposite Deakin University and surrounded by student accommodation, the home may serve as a lucrative investment in the short or long-term (STCA). The ideal site to exhibit some creative flair, buyers could execute a striking transformation or build a modern-day master creation, in a central position that provides unparalleled lifestyle convenience. All options are subject to council approval.