Occupying a coveted address along Kew's iconic Burke Road, this exceptional property offers unrivalled convenience, timeless appeal and outstanding future potential - right in the heart of Melbourne's prestigious eastern suburbs.
Steps from esteemed schools including Kew Primary, Camberwell Grammar, Genazzano FCJ College and Xavier College; moments from Kew Junction's vibrant cafes, specialty shops, supermarkets and restaurants. Enjoy effortless access to public transport, major parklands, Eastern Freeway and world-class medical precincts - with the CBD just a short drive or tram ride away.
This substantial 1,970sqm approx parcel spanning three separate blocks presents an outstanding opportunity for developers or investors. This level, regular-shaped block offers excellent usability and flexibility - ideal for complete knockdown and rebuild, or a substantial high-value renovation and extension to maximise present-day appeal and future value (STCA). Set in prestigious Kew, one of Melbourne's most tightly held and sought-after residential suburbs.
With GRZ5 zoning, the site offers significant potential to explore a range of development outcomes, including a sophisticated high-end apartment project, luxury townhouse or unit development, or potentially a retirement living or aged care facility, all subject to council approval.
Adding to its investment appeal, the three existing properties are each comfortable and highly liveable, providing strong rental income while future development plans and permits are pursued. This allows the landholding to continue generating an income throughout the planning process.
The entire site also benefits from rear-of-way (ROW) access, providing additional flexibility for future development and site planning.
Also 1327 & 1329 Burke Road, Kew Available
Please note that the price guide is for each property and for more information please contact the agent.
