This well-presented five-bedroom brick home offers exceptional holding income while you unlock its true development potential. Set on an impressive 940sqm allotment, the property delivers immediate returns whilst the potential to build a multi dwelling townhouse site or your forever home.
The comfortable living room features a character fireplace with built-in shelving and flows to the adjoining family room, creating flexible spaces for modern living. Five bedrooms ensure strong rental appeal - three at the front of the home and two well-positioned at the rear. The master bedroom enjoys its own bathroom access, while a second full bathroom with separate shower services the remaining rooms. Period features including decorative cornices and polished timber floorboards add character throughout.
The real treasure lies beyond the home - a substantial backyard spanning the generous 940sqm block provides exceptional space, rarely found in today's Burwood market.
Deakin University sits within comfortable walking distance, underpinning strong rental demand year-round. Burwood One Shopping Centre is moments away, offering major retail, dining, and essential services for ultimate convenience. The popular Gardiners Creek Trail provides direct access to green spaces and recreational pathways for walking, cycling, and outdoor activities.
Families are zoned for the well-regarded Essex Heights Primary School and Ashwood High School, ensuring quality education options. The tram route along Burwood Highway delivers seamless connectivity to Melbourne's CBD, while multiple bus services ensure effortless local transport. The location combines residential tranquillity with outstanding amenity access.
This property represents a rare opportunity to secure a substantial landholding in one of Melbourne's most tightly-held growth corridors. Perfect for investors seeking immediate rental returns with future development upside, developers planning a multi-townhouse project (STCA), or those wanting to hold premium land in a location defined by sustained capital growth.
The combination of generous land size, university proximity, established infrastructure, and development potential is increasingly rare in Burwood's competitive market.
