Prime Corner Development Opportunity Approx 1233sqm (STCA)
Unlock the potential of this versatile property located on the corner of Wyatt Ave and Weldon Street. Spanning an impressive 1233sqm, this corner block is ideally suited for developers and investors looking to capitalize on the burgeoning Burwood market.
Key Features:
Expansive Land Area: 1233sqm with a remarkable 41.35m frontage, providing ample
space for innovative development (STCA).
Zoning: R2 Residential, allowing for various residential development options.
Generous Dimensions: Approximately 41.35/41.55m x 28.42/30.37m, providing
flexibility in design and layout.
Current Configuration: An 8-bedroom, 5-bathroom residence, currently operating as
two separate living spaces, offers immediate rental income potential or a transitional
option for developers.
Accessibility: Excellent off-street parking with driveway access from both Wyatt Ave
and Weldon Street, ensuring ease of access for residents and visitors alike.
Vacant Possession: Available, allowing for immediate development or renovation plans
to be put into action.
No Heritage or Conservation Restrictions: A clear path for development without the
hindrance of additional regulations.
This property is not only a spacious family home or dual living setup but also a golden opportunity for those seeking to develop in a growing area. For developers, the adjoining property at 23 Weldon Street is also on the market, offering the chance to create a combined corner development site totalling approximately 3374sqm (STCA).
Don’t miss out on this exceptional opportunity to shape the future of Burwood. Explore the myriad possibilities this unique property offers today!
Inspect By Appointment
Auction Saturday 30th November @ 3.30pm Unless sold prior
Matthew Nolan 0414554322
Suzanne Sulaiman 0450309599
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy; however, we cannot guarantee it. All interested parties should make and rely upon their own inquiries.