440-442 Burwood Highway
Vermont South, VIC 3133

Overview

440-442 Burwood Highway, Vermont South VIC 3133

This exceptional property offers a substantial dual frontage corner landholding of approximately 1,290 square meters, located at 440-442 Burwood Highway, Vermont South. The site is approved for development up to six levels, accommodating 35 apartments, making it an outstanding opportunity for investors and developers.

Strategically positioned within a highly favourable Residential Growth Zone, this landholding is situated in a substantial change area, ideal for various development possibilities including student accommodation, retirement living, or childcare facilities, subject to council approval.

The property benefits from dual frontages to Burwood Highway, measuring approximately 41 meters, and Cavill Court, approximately 28 meters, providing multiple vehicle access and egress points. This enhances the site's accessibility and development potential.

Located within walking distance, approximately 300 meters, to the Vermont South Shopping Centre, residents will enjoy convenient access to a wide range of retail and dining options, including a Coles supermarket. The area is well-serviced by public transport, with tram routes 70 and 75 directly across the road, and Nunawading Station approximately 4 kilometers away. Key road arterials such as Burwood Highway and the Eastern Freeway are also easily accessible.

The suburb of Vermont South is known for its strong educational precinct, with elite institutions nearby including Deakin University Burwood campus (6 km approx.), Forest Hill College (1.5 km approx.), Livingstone Primary School (500 m approx.), and Emmaus College (950 m approx.). This makes the location highly attractive for families and students alike.

Additionally, the property is in close proximity to medical facilities such as Vermont Private Hospital (2 km approx.) and Knox Private Hospital (4.5 km approx.), as well as recreational areas including Billabong Park (300 m approx.) and Morack Golf Course (2 km approx.).

This landholding currently includes two established family homes, offering potential income while planning for future development or land banking.

Overall, this property represents a rare and valuable opportunity to secure a significant land parcel in a thriving growth corridor with excellent amenities, transport links, and development prospects.

Location