Investors and developers will be highly impressed by the great positioning, large land size and excellent future possibilities of this unique property offering. Set on a level 834sqm corner landholding, it comes with an R1 general residential zoning and scope for apartment development to take advantage of the superb location that is short strolling distance to the heart of Burwood.
With approved floorspace ratio of 2:1 and a height limit of 14 metres, the site features an extra-wide frontage with dual street access and is currently occupied by a large five-bedroom residence in good condition. Occupy now or lease it out, this home is entirely ready for living.
This is an ideal investment prospect with potential for an apartment complex, bed and breakfast accommodation, shoptop housing or other permitted purposes (all subject to council consent). The property represents a prized opportunity to capitalise on a substantial landholding in a highly convenient Burwood location close to trains, shopping,private schools and all amenities.