Immense investment and development potential within a supremely desired lifestyle location which allows a short walk to Burwood Village cafes, restaurants and shops plus Toorak Road tram, Burwood Reserve and also easy access to Deakin University, PLC, Camberwell Junction and Chadstone Shopping Centre.
The approved plans and permit attached to the property provide an exclusive opportunity to produce a bespoke townhouse complex - complete with three individually and architecturally designed homes. The design focuses on size and space, whilst capturing desired northern sunlight amidst a quality floorplan that includes extensive underground basement options.
Current residence is a delightful timber home with original character features, including; high ceilings, leadlight and stain glass windows, Baltic pine floorboards, fire place etc.
Providing five bedrooms and multiple living areas across two levels, the existing home is an ideal rental proposition or would suit a large family for owner occupation.
A rare opportunity for an astute investor to take advantage of!
Land: 15.24m x 42.67 (650m2)