FOR SALE
$1,460,000 - $1,575,000

40 Gillard Street
Burwood VIC 3125

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 759m2
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Outstanding development potential on 759 sqm approx

THE PROPERTY
Resting on a huge block, with trams, Deakin University and the vibrant Burwood Village shopping precinct just a short stroll away, this expansive home is perfectly positioned and primed for developers to renovate, extend or build. Currently, the floorplan comprises a light-filled living area boasting hardwood floors, which flows through to the dining domain and chic kitchen. Accommodation options are plenty, with four bedrooms within the main residence, master with abundant robe space, and a fifth located in a separate dwelling at the rear of the property, alongside a workshop and storage room, while the bathroom includes an additional separate toilet and shower room. Generous in size, the standalone laundry includes access to the backyard, where the rear decking provides a private outdoor retreat. Investors will delight in this sensational block with outstanding potential for a multi-unit development (STCA).
THE FEATURES
• Expansive home on huge 759 sqm approx. block
• Situated a short stroll from trams, shops and university
• Outstanding opportunity for multi-unit development (STCA)
• Four bedrooms plus fifth in separate dwelling
• Hardwood floors
• Main bathroom plus second toilet and shower room
• Standalone laundry with rear access
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Property Details for 40 Gillard St, Burwood

40 Gillard St, Burwood is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 759m2. The place is currently for sale with Ray White Ferntree Gully.

Building Type
House
Land Size
759m2

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About Burwood 3125

The size of Burwood is approximately 6 square kilometres. It has 28 parks covering nearly 18.5% of total area. The population of Burwood in 2011 was 13,162 people. By 2016 the population was 15,015 showing a population growth of 14.1% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 64.2% of the homes in Burwood were owner-occupied compared with 58.5% in 2016.

Burwood has 8,326 properties.

    There are currently 44 properties listed for sale, and 22 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Burwood.

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    Cristine Jones
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