You don't have to be a maths genius to realise there's potential for big gains at this double block multiplier opposite Burwood One Plaza. Plans and permits are ready to build 14 units across a 3-level complex with ground floor parking and private entry to each townhouse.
The legal groundwork is done, with working drawings, structural plan, civil plan, waste management, SDA report and landscaping plan all complete, ready for you to take the next step in this prime position across from the tram, bus, and the vibrant shopping and restaurant hub of Burwood One Plaza. Residential Growth Zone 2 also unearths prospects for commercial investment (STCA) with potential for land banking, childcare or a GP clinic in this superbly central location on the service road.
AS IT STANDS:
209 offers a 3-bedroom home with dining, living, al fresco, 2 baths and 2 vacant car spaces with fixed rental agreement $540 per week. 211 offers a 5-bed 2-bath home with a double garage, currently leased at more than $800 a week.
FUTURE PLANS:
Endorsed plans pave the way to build 14 town houses – 12 x 2-bedroom apartments plus office/study and 1 car space, and 2 x 3-bedroom apartments with 2 car spaces. Sustainable design includes double glazed windows, solar panels and EV charging points.
This high demand location puts all the essentials on your doorstep, with ease of access to Deakin University and Monash University for students, school zoning for top performing Burwood East Primary (STSA), and great shopping, eateries and medical clinics at Burwood One including the 24hr Kmart, Asian restaurant strip, chemist, bakery, Coles and elevated views stretching across Melbourne's city skyline.
