Sensationally positioned in a leafy neighbourhood street that's merely metres from Bayswater Secondary College and the bustling vibrancy of Bayswater Village, fast track your development dreams with this enormous 1020 sq m approx. block.
Boasting 60 metres of depth, on a level allotment, surrounded by large redevelopments, and boasting lucrative GRZ4 zoning with a DD06 overlay, reap the rewards by constructing multiple townhouses (STCA) in this supremely convenient pocket.
Currently there are two dwellings on the property which are both leased for handy cashflow unit 1 is a two bedroom unit with rent of $510 per week while unit 2 is a three bedroom townhouse rented for $570 per week (to be increased to $600 per week from 29/04/26).
An easy stroll to the lovely Dandenong Creek Trail, Bayswater Primary School, the train station, mouth-watering restaurants and cafes, and a wide selection of retailers, this is a sure-fire investment for the future.
- Enormous 1020 sq m approx. block
- GRZ4 zoning with a DD06 overlay
- Metres from Bayswater Secondary College
- An easy walk to the train, shops and primary school
- Two homes that are currently tenanted for handy cashflow
- Unit 2 has newly installed air-conditioning
- Build multiple townhouses (STCA)
