149 Highbury Road, Burwood, Vic 3125

Conveniently located within walking distance of Deakin University, this property comes with council-approved plans and permits to commence construction of two, 4 bedroom, double-storey townhouses with double garages. On a generous allotment of 710 sq m approx. with a coveted northerly rear orientation, begin an exciting project immediately.

Currently tenanted, the 5-bedroom home is also perfectly suited to continue generating income as a rental property whilst you formulate alternative plans. Other attractive propositions include renovating or designing and creating your dream luxury family home (STCA).

Also comfortable for a new owner to occupy, the existing home could easily be returned to a 3-bedroom plus study format, with a heated and air-conditioned lounge room. A double garage at the rear and off-street parking for at least 4 cars adds further appeal, while trams and buses are just a short stroll away.

This ideal location caters for everyone - from families and students to young professionals, with nearby conveniences including Burwood Village shopping and dining, the 24-hour Training Day gym, Gardiners Creek walking/cycling trails, Presbyterian Ladies College and more of Melbourne's finest public and private schools.

* Approved plans and permits to build two 2-storey townhouses
* 3-bedroom home suits occupying/renting until project begins
* Generous allotment with north-facing backyard
* Walking distance from Deakin University
* Close to PLC and other top private and public schools
* Stroll to trams, Burwood Village, 24-hour gym and parks

Also visit the stand alone website at: www.149highburyroadburwood.com

Terms: 10% deposit, balance 30/60/90days

Land: 15.54m x 45.72m - 710 sq m approx.