$1,600,000 to $1,700,000

67 Elgar Road, Burwood VIC 3125

House
552
Block size: 609 m² approx.

Land Banking Opportunity

67 Elgar Road Burwood Vic 3125

A premium opportunity, situated directly opposite Deakin University, this weatherboard house on approximately 609sqm is sure to catch the eye of investors or those who wish to capitalise on its superb redevelopment potential (STCA).

For buyers wishing to lease out the home, it has five bedrooms, and each bedroom has a bathroom, fully equipped kitchen and a living area, heating and cooling, a sizeable backyard and a single garage set behind secure gates. The five bedrooms make this property ideal for leasing separately, ensuring an optimal return on investment.

It is also a short stroll to bus and tram stops, PLC, Wattle Park & Golf Course, and Gardiners Creek Reserve & Trail. It is an easy commute to Wattle Park Primary School, Kingswood College, Mount Scopus Memorial College and several popular shopping and dining precincts.

Situated directly opposite Deakin University and surrounded by student accommodation, the home may serve as a lucrative investment in the short or long-term (STCA).

The ideal site to exhibit some creative flair, buyers could execute a striking transformation or build a modern-day master creation, in a central position that provides unparalleled lifestyle convenience. All options are subject to council approval.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jimmy Wang to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
5
Bathrooms:
5
Garage Spaces:
2
Property type:
House
Block Size:
609 *

Other Details

Lot:
159
Plan:
LP54112
Legal description:
159\LP54112

Maps and area information

Block information
Block size: 609 (approx)
Legal description: 159\LP54112
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

Nearby sales

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We found 34 houses with 5 bedrooms that just sold near 67 Elgar Road Burwood

Property history

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Property History
18 Feb 2022
Sold
Noel Jones Real Estate Balwyn
Listed: 24/01/2022
Transfer type: Full transfer

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Burwood suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
15,147
Listing ID: 182044066. This listing has been viewed 6 times. It was first displayed on 30/10/2023 and last updated on 26/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.