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Overview
Where Investment Potential Meets Prime Position
This well-presented five-bedroom brick home offers exceptional holding income while unlocking its true development potential. Situated on an impressive 940 square meter allotment, the property provides immediate returns with the added opportunity to develop a multi-dwelling townhouse site or create your forever home.
The comfortable living room features a character fireplace complemented by built-in shelving and seamlessly flows into the adjoining family room, creating flexible spaces suited for modern living. The five bedrooms are arranged to ensure strong rental appeal, with three located at the front of the home and two well-positioned at the rear. The master bedroom benefits from its own bathroom access, while a second full bathroom with a separate shower services the remaining rooms. Period features such as decorative cornices and polished timber floorboards add character throughout the residence.
A significant highlight of the property is the substantial backyard that spans the generous 940 square meter block, offering exceptional outdoor space rarely found in today's Burwood market.
Deakin University is within comfortable walking distance, supporting strong rental demand throughout the year. Burwood One Shopping Centre is just moments away, providing major retail, dining, and essential services for ultimate convenience. The popular Gardiners Creek Trail offers direct access to green spaces and recreational pathways ideal for walking, cycling, and outdoor activities.
Families will appreciate the zoning for the well-regarded Essex Heights Primary School and Ashwood High School, ensuring access to quality education options. The tram route along Burwood Highway provides seamless connectivity to Melbourne's CBD, while multiple bus services facilitate effortless local transport. This location combines residential tranquility with outstanding access to amenities.
This property represents a rare opportunity to secure a substantial landholding in one of Melbourne's most tightly-held growth corridors. It is ideal for investors seeking immediate rental returns with future development upside, developers planning a multi-townhouse project (subject to council approval), or those wishing to hold premium land in a location characterized by sustained capital growth.
The combination of generous land size, proximity to university, established infrastructure, and development potential is increasingly rare in Burwood's competitive market.
Features
- Living Area
- Built-ins
- Close to Schools
- Close to Shops
- Close to Transport
- Heating
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Burwood VIC 3125
Market Insights for Burwood VIC 3125
Other properties in this postcode
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