42 Burwood Road, Burwood
Offered for the first time in over 80 years, this exceptional property represents a truly rare and strategic investment within the rapidly evolving Burwood North Precinct. Positioned in a high-growth corridor between the new Burwood North Metro Station and Westfield Shopping Centre, the site enjoys outstanding exposure and connectivity in one of Sydney's most dynamic urban centres.
Currently occupied by a well-established business for more than 20 years, the property provides a holding income while offering immense future redevelopment potential. With no heritage or conservation restrictions, developers are afforded maximum flexibility to capitalise on the site's favourable planning controls and prime location subject to council approval.
Set on approximately 408.7sqm of land with a wide 12.2m frontage and valuable rear access via Webbs Lane, the property is zoned MU1 Mixed Use with active street frontage provisions. Key development parameters include a Floor Space Ratio of 3:1 and a height limit of 30 metres, making it ideally suited for a substantial mixed-use development (STCA).
The location is further enhanced by its close proximity to a wealth of lifestyle amenities, transport options and leading schools. It is just 280m to the new Burwood North Metro, 100m to Crowne Plaza, 250m to Southern Cross Catholic College, 500m to MLC and 600m to Burwood railway station.
Combining scale, flexibility and a convenient location at the centre of Burwood's transformation, this is a landmark opportunity to secure a blue-chip site with exceptional long-term upside.
Current Income:
Terrace approx. $32,850 per annum
Retail shop approx. $111,941.76 incl gst per annum
Outgoings:
Council rates approx. $12,892.00 per annum
Water rates approx. $1127.00 per annum
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