Positioned in a quiet and well-established pocket of Bayswater, 11 Mitre Crescent presents an exceptional opportunity for builders, developers, and land buyers seeking a substantial residential development site in a high-demand location.
Set on approximately 919 square metres of land, the property offers outstanding scope for redevelopment, with potential for a 34 unit project (STCA). The existing dwelling is in original condition and requires significant renovation works, making this an ideal proposition for those looking to clear the site and maximise its future potential.
A key advantage of the property is the absence of a vegetation overlay, providing greater flexibility and simplifying the planning process for future development outcomes (STCA).
Property Features:
Land area: 919 square metres approx.
Potential 34 unit development site (STCA)
No vegetation overlay
Quiet residential location
Ideal new home or townhouse redevelopment opportunity
Strong demand precinct with excellent future upside
Conveniently located close to local schools, parks, shopping facilities, public transport, and major road networks, this is a rare opportunity to secure a sizeable development site within one of Melbourne's continually growing eastern suburbs.
For further information or to arrange an inspection, contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au.
