4 Cumming Street, Burwood, Vic 3125

Situated on 697 m2 (approx.) land, this allotment abounds with brilliant prospects with plan and permit approved for two luxury townhouses. The new residences would complement designer style façade and spectacular city view on the first floor.

Only a short walk to both Deakin University and Presbyterian Ladies' College (PLC), this highly sought-after site offers proximity to tram station, Burwood Highway, Burwood One Shopping Centre, Box Hill, Gardiners Creek Trail and Bennettswood Reserve. This premier locality is also perfect for astute investors to lease out. The existing 3-bedroom home is well maintained with spacious living area with north facing, L shape kitchen, separate meals and dining area, one bathroom, two toilets and sperate laundry room. The backyard is easy to maintain and provides access to the single carport. Located in the blue-chip area, the current monthly rental return is $3,000 approx. with potential to achieve more (convert to four-bedroom home with two large bedrooms).