FOR SALE
Sale Price Unavailable

209-211 Burwood Highway Service Way
Burwood East VIC 3151

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1180m2
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14 Unit Bonanza Opposite Burwood One Plaza

You don't have to be a maths genius to realise there's potential for big gains at this double block multiplier opposite Burwood One Plaza. Plans and permits are ready to build 14 units across a 3-level complex with ground floor parking and private entry to each townhouse.
The legal groundwork is done, with working drawings, structural plan, civil plan, waste management, SDA report and landscaping plan all complete, ready for you to take the next step in this prime position across from the tram, bus, and the vibrant shopping and restaurant hub of Burwood One Plaza. Residential Growth Zone 2 also unearths prospects for commercial investment (STCA) with potential for land banking, childcare or a GP clinic in this superbly central location on the service road.
AS IT STANDS:
209 offers a 3-bedroom home with dining, living, al fresco, 2 baths and 2 vacant car spaces with fixed rental agreement $540 per week. 211 offers a 5-bed 2-bath home with a double garage, currently leased at more than $800 a week.
FUTURE PLANS:
Endorsed plans pave the way to build 14 town houses – 12 x 2-bedroom apartments plus office/study and 1 car space, and 2 x 3-bedroom apartments with 2 car spaces. Sustainable design includes double glazed windows, solar panels and EV charging points.
This high demand location puts all the essentials on your doorstep, with ease of access to Deakin University and Monash University for students, school zoning for top performing Burwood East Primary (STSA), and great shopping, eateries and medical clinics at Burwood One including the 24hr Kmart, Asian restaurant strip, chemist, bakery, Coles and elevated views stretching across Melbourne's city skyline.
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Property Details for 209-211 Burwood Highway Service Way, Burwood East

209-211 Burwood Highway Service Way, Burwood East is a 8 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1180m2. The place is currently for sale with Harcourts Judd White.

Building Type
House
Land Size
1180m2

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About Burwood East 3151

The size of Burwood East is approximately 4.3 square kilometres. It has 20 parks covering nearly 10.5% of total area. The population of Burwood East in 2011 was 10,141 people. By 2016 the population was 10,269 showing a population growth of 1.3% in the area during that time. The predominant age group in Burwood East is 20-29 years. Households in Burwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood East work in a professional occupation. In 2011, 74.9% of the homes in Burwood East were owner-occupied compared with 71.2% in 2016.

Burwood East has 5,915 properties. Over the last 5 years, Houses in Burwood East have seen a 12.30% increase in median value, while Units have seen a 12.11% increase. As at 31 October 2024:

  • The median value for Houses in Burwood East is $1,247,981 while the median value for Units is $782,010.
  • Houses have a median rent of $610 while Units have a median rent of $628.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Burwood east on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Burwood east.

Suburb Insights for Burwood East 3151

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Jack Qi
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Ron Kohli
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Harcourts Judd White
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.