458 Burke Road, Camberwell VIC 3124

This rare development site at 458 Burke Road offers a unique opportunity for developers seeking an in-demand location within Camberwell. Spanning approximately 746 square meters, it represents the final available development parcel along this sought-after corridor.

The land benefits from an approved permit to construct a three-story building comprising six dwellings, maximising potential in a General Residential Zone Schedule 5 (GRZ5). With this zoning and permit, the site provides flexibility for multiple apartment or townhouse development, appealing to investors or those aiming to leverage development scale for greater returns.

Residents of the future development would enjoy impressive views toward Melbourne’s CBD, enhancing the appeal of the upper-floor apartments. The location itself is a major lifestyle attractor, positioned just a short walk from Camberwell Junction where a rich array of cafes, restaurants, major supermarkets such as Coles and ALDI, and entertainment like Rivoli Cinemas are available.

Proximity to educational institutions including Camberwell Primary, Auburn High School and Bialik College makes the site attractive for families or investors targeting the education sector rental market. Additionally, the surrounding green spaces such as Fritsch Holzer Park and Anderson Park offer recreational opportunities.

Connectivity is excellent with tram lines just 100 meters away, allowing easy access to public transport and the wider Melbourne area. This blend of lifestyle, education, retail, and transport infrastructure makes this development site highly desirable for multifamily residential development.

• Prime development land with permit for six dwellings
• Generous land area of approximately 746 sqm
• General Residential Zone Schedule 5 (GRZ5) offering strong development potential
• Superb proximity to Camberwell Junction amenities and schools
• Excellent public transport access nearby
• Views towards Melbourne CBD enhance appeal

Overall, 458 Burke Road is an exceptional acquisition for developers or investors targeting a prime growth precinct with robust planning approval, strong lifestyle appeal and excellent connectivity.