A great investment opportunity with high rental return & excellent future prospects
Positioned in one of Burwood's most sought-after locations, this full brick home on a generous block of land presents an incredible opportunity for savvy investors and developers. Boasting R1 Land Zoning, a 2:1 Floor Space Ratio, and a 14m Building Height, the potential to renovate, extend, or redevelop (STCA) is vast. Its location is close to elite schools, shops, parks and transportation.
Features include:
+ Full brick construction with an existing extension, offering immediate rental income
+ Approved commercial kitchen, perfect for business use or future upgrades
+ Currently tenanted with a strong return of $5,600 per month
+ Rear lane access onto Oxford Street for additional convenience
+ Walking distance to both Burwood and Strathfield train stations, local shopping, and elite schools
With second street frontage to Oxford Street, the property offers easy access and unparalleled convenience. Whether you're looking to redevelop, invest, or simply capitalize on this fantastic location, this property ticks all the boxes.