Positioned around the corner from Burwood Heights Primary and Forest Hill College on a substantial 585sqm (approx) allotment, this is a compelling investment opportunity offering immediate dual-income returns. Two fully self-contained dwellings provide strong long-term leasing potential, while sustained housing demand and established development precedence enhance future capital growth prospects, including luxury home or multi-unit redevelopment options (STCA).
Maintaining the current property remains a sensible option, with its comfortable and easily-maintained floor plan suiting those looking for a modest renovation project while establishing themselves so close to parks and schools.
Alongside the main residence is a secondary unit that is currently under lease. It features two bedrooms, a shared bathroom, living space, and kitchen; and is separately metered too.
Tucked away in a neighbourhood benefitting from waves of local investment, the area's blue-chip credentials are evident. Minutes to Forest Hill Chase, Burwood One SC, Nunawading Aqualink and the elite Emmaus College, the nearby 75-tram line allows for seamless city bound commutes.
Property ID: #L27406464
