Burwood 334 Burwood Highway

Investment goldmine in the potential-rich Residential Growth Zone

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A nine bedroom design only metres from Deakin University, this unique residence boasts a highly profitable outlook with an average rental return over five years of $128,483 p/a. The pristinely presented accommodation ensures ongoing demand by students who enjoy the stylish kitchen, spacious living areas and three bathrooms.

In the Residential Growth Zone - Schedule 2, this 650 sq m approx. block with city views is destined for a richly rewarding development future as the site for a three/four storey apartment complex, student accommodation or terrace townhouses (STCA).

With the city-bound Burwood Highway tram at the doorstep, exciting Brickworks Shopping Centre, restaurants and cinema just around the corner, and zoning for illustrious Mount Waverley Secondary College and Essex Heights Primary School, live near St Scholastica's School, Presbyterian Ladies' College and Burwood Heights Shopping Centre.

A unique nine bedroom, three bathroom home just metres from Deakin Uni Highly profitable with an average rental return over five years of $128, 483 p/a High demand student accommodation with pristinely presented living spaces On 650 sq m approx. with city views in the Residential Growth Zone - Schedule 2 The perfect site for a three/four storey apartment complex or terrace townhouses (STCA) Ducted heating and multiple split system air-conditioners Double auto garage Steps to the city-bound tram, St Scholastica's School, Mount Scopus and PLC Zoned for Mount Waverley Secondary College and Essex Heights Primary School Walk to Burwood Heights and Brickworks Shopping Centres, restaurants and cinema

Terms: 10% deposit, balance 30/60 days

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Fletchers COVID-19 Update

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property.

For more information, please visit: fletchers.net.au/response-to-covid-19

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Land: 650 sq m approx.

• Property Information

  • Land area approx 650sqm

Nearest Schools

Fletchers Agents

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  Brooke Warwick Senior Property Consultant

  brooke.warwick@fletchers.net.au 0403 510 822 03 9831 3421
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  Jeremy Desmier Executive Chairman & Auctioneer, BA, CEA (REIV)

  jeremy.desmier@fletchers.net.au 0409 601 613 03 9836 2222
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  Thomas Lo Senior Property Consultant

  thomas.lo@fletchers.net.au 0411 126 186 03 9836 2222