FOR SALE
Private Sale

53-55 Station Street
Burwood VIC 3125

Bedrooms: -
Bathrooms: -
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Land area: 1795m2
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An Exceptional Investment Opportunity in Prime Burwood

This expansive property, spanning approximately 1795 sqm across two titles, offers an unrivalled opportunity in the heart of Burwood. Located within walking distance to Deakin University and Presbyterian Ladies' College, it boasts excellent connectivity to Burwood Highway, tram, and bus lines. Burwood One Shopping Centre is a mere 5-minute drive away, while Box Hill Central is just 10 minutes by car.
Currently, the property comprises three units and two townhouses, generating secure rental income. This versatile site presents multiple possibilities. Whether you envision building your dream home, embarking on a new development project (STCA), or simply holding the land for future appreciation, the choice is entirely yours.
Key Features:
• Prime Location: Walking distance to Deakin University and Presbyterian Ladies' College. Excellent access to Burwood Highway, tram, and bus lines. Just a 5-minute drive to Burwood One Shopping Centre.
• Significant Land Size: Approximately 1795 sqm across two titles.
• Stable Rental Income: Currently leased with secure rental income
• Development Potential: Options to build your dream home or pursue a new development (STCA).
This is a rare opportunity to secure a substantial landholding in one of Burwood's most sought-after locations. Enquire today to explore the potential of this exceptional property.
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Property Details for 53-55 Station St, Burwood

Building Type
Land
Land Size
1795m2

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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 8,328 properties. Over the last 5 years, Houses in Burwood have seen a 20.78% increase in median value, while Units have seen a 15.70% increase. As at 31 July 2024:

  • The median value for Houses in Burwood is $1,429,930 while the median value for Units is $801,697.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Burwood.

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