Premium Permit Approved for 15 triple storey Townhouses

A significant land holding measuring 1,972m2 (approx.) in the RGZ-2, is music to the ears for eager investors, builders and developers. Two expansive frontages (30.53m to Burwood Highway and 36.59m to Travers Crescent) and come with a plan and permit approved for 15 Triple storey townhouses.

Currently occupied by 3 separate, well-maintained dwellings each on their own titles, and currently are tenanted.

Key attributes of this fantastic opportunity are:

- Prime corner site to Burwood Highway & Travers Crescent Reserve of 1972sqm(approx.)
- Residential Growth Zone 2
- Approved permit for a superb project designed by ‘Jesse Ann Architects’ comprising 15 triple Storey Townhouses (no Basement)
- Opportunity to convert to 5 level student accommodation or apartment (STCA)
- An outstanding location close to Deakin University Burwood Campus (approximately 26,000 students) ,Mount Scopus Memorial College (one of Victoria’s best schools) and Presbyterian Ladies College and close to many other schools.
- Close to Burwood one and Brickworks Shopping Centre .
- Serviced by Burwood Road trams.